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Provide pls explanation of why good sellers (cars) will acquire the certificate at the cost of c_H and bad sellers (cars) will not acquire the
Provide pls explanation of why good sellers (cars) will acquire the certificate at the cost of c_H and bad sellers (cars) will not acquire the certificate at all in I part. The second part needs an explanation of why good sellers (cars) have no incentive to disguise as bad sellers (cars) and vise versa.
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