Q1 Used cars

You are responsible for buying a fleet of 10 used cars for your employees and must pick either brand B or brand C cars. For your purposes, the two brands are identical except for one difference: based on your market experience with the two brands you figure that 50% of B cars are lemons and only 20% of C cars are lemons. You are willing to pay $1,000 for a known lemon and $3,000 for a known plum.

If the price of B cars is $1,800 and the price of C cars is $2,200, which brand of car should you pick?

Choice 1: Brand B

Choice 2:Brand C

Explain your choice.