=+b. Since you do not know whether you are being offered a plum or a lemon, you base your decision on the expected value to you of a Volkswagen, assuming you are just as likely to buy a lemon as a plum. Calculate this expected value.

c. Suppose, from driving the car, the seller knows she has a plum. However, you don’t know whether this particular car is a lemon or a plum, so the most you are