The manager of a Pittsburgh shop wishes to sell on ebay a used telescope that is in good condition, The manager knows that prospective buyers perceive a 50-50 chance that the telescope is in good condition. If it is, buyers are willing to pay $1,030, but if it is in poor condition, they will pay only $340. What is the average amount a buyer will be willing to pay? Is there a lemons problem? Explain. The average amount that a prospective buyer will be willing to pay is $|. (Enter your response as a whole number) Since the value of a used telescope that is in O A poor condition is less than the average amount that a prospective buyer will be willing to pay, there is a lemons problem because only people with telescopes in good condition will be willing to try to sell them on clay. O B, poor condition is less than the average amount that a prospective buyer will be willing to pay, there is not a lemons problem because only people with telescopes in good condition will be willing to try to sell them on eBay. O C. good condition exceeds the average amount that a prospective buyer will be willing to pay, there is not a lemons problem because only people with telescopes in poor condition will be willing to try to sell them on ebay. O D. good condition exceeds the average amount that d prospective buyer will be willing to pay, there is a lemons problem because only people with telescopes in poor condition will be willing to try to sell them on clay.The manager of a Pittsburgh shop wishes to sell on ebay a used telescope that is in good condition, The manager knows that prospective buyers perceive a 50-50 chance that the telescope is in good condition. If it is, buyers are willing to pay $1,030, but if it is in poor condition, they will pay only $340. What is the average amount a buyer will be willing to pay? Is there a lemons problem? Explain. The average amount that a prospective buyer will be willing to pay is $|. (Enter your response as a whole number) Since the value of a used telescope that is in O A poor condition is less than the average amount that a prospective buyer will be willing to pay, there is a lemons problem because only people with telescopes in good condition will be willing to try to sell them on clay. O B, poor condition is less than the average amount that a prospective buyer will be willing to pay, there is not a lemons problem because only people with telescopes in good condition will be willing to try to sell them on eBay. O C. good condition exceeds the average amount that a prospective buyer will be willing to pay, there is not a lemons problem because only people with telescopes in poor condition will be willing to try to sell them on ebay. O D. good condition exceeds the average amount that d prospective buyer will be willing to pay, there is a lemons problem because only people with telescopes in poor condition will be willing to try to sell them on clay