QUESTION 8 1.5 points Saved In the Akerlof's Market for Lemons model as covered in class, transactions go missing whenever: O a. The bidding price is higher than the willingness to pay for lemon cars. O b. The bidding price is below the maximum willingness to pay for gem cars. O c. The bidding price is higher than the willingness to pay for gem cars. O d. The bidding price is below the minimum price that owners of gem cars are willing to take