Ex12Sec7

Ex12Sec7 - Total Dealer Cost 741 4 3597 732 1 500 701 1 499...

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Table 12.1 Distribution of Car Types in Session Session 2 Session 3 Session 4 Number of Good Cars 8 5 5 Number of Lemons 7 10 10 Table 12.2 Types of Cars Sold Session 2 Session 3 Session 4 Number of Good Cars Sold 8 1 5 Number of Lemons Sold 7 10 10 Average Values of Cars Sold 2100 772.72727273 1500 Purchases by Dealers: Session 2 Dealer ID Number Cars Dealer's Bought by Total Dealer Cost 741 2 4199 713 0 728 0 701 3 5709.5 736 2 3850 711 8 15848 Purchases by Dealers: Session3 Dealer ID Number Cars Dealer's Bought by
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Unformatted text preview: Total Dealer Cost 741 4 3597 732 1 500 701 1 499 711 1 499 736 2 1259 728 2 915 Purchases by Dealers: Session 4 Dealer ID Money Money Number of Number Spent on Spent on Good of Good Cars Lemons Cars Lemons 728 3649 3 Note: this person thought they had bought a good car and paid 2700 for it, 736 1429 3 but the seller actually had a lemon 741 2700 1 701 3425 499 1 1 713 711 9499 1476 3 3...
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This note was uploaded on 12/25/2011 for the course ECON 1 taught by Professor Bergstrom during the Fall '07 term at UCSB.

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