Question 1 33.34 pts A particular model of used car comes in four categories, with equal numbers in each category. The market consists of at least two potential buyers and sellers of the car. Assume that there are equal numbers of buyers and sellers! All agents are interested in maximizing the expected surplus they obtain from having a car net of any payments they give orreceivel They obtain surplus of zero if they do not own a car. Sellers know the value of the car that they own and buyers do not. Simultaneously cach buyer announces a price that he is willing to pay for a car. Each seller decides whether to sell her car (and to whom to sell) If more than one seller accepts the price of the same buyer, then one of the sellers is randomly selected to sell the car. Category Buyer Seller Perfect 29 Good 28 27 Bad 20 25 Hopeless 24 23 Consider a buyer who thinks he is equally likely to get a perfect. good, bad, or hopeless car What is the most the buver would be willing to offer for a car