Three qualities of second-hand bicycles are available in equal numbers: high, medium, and low. There are three type A consumers, two type B consumers, and two type C consumers where each consumer- type values each quality of bicycle according to the table below. Quality Type A Type B Type C High 90 100 115 Medium 35 60 50 Low 25 20 30 Suppose that all agents know the value that each type of consumer attaches to each quality of bicycle. Moreover, no-one wants more than one bicycle, and the price at which any bicycle is traded is determined by supply and demand