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You are in the market for a used car. At a used car lot. you know the blue book value for the type of cars

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You are in the market for a used car. At a used car lot. you know the blue book value for the type of cars that you are looking at range from $40k to $50k. If you believe the dealer knows as much as you do about the cars as you do, what are you willing to pay in $5 assuming the car values are symmetrically distributed? Question 2 0/2pts Referring to the information the prior question: Now, you believe the dealer knows more about the cars than you do. What price will you ultimately be willing to pay for the car? Please answer in dollars

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