Suppose That in Milford,Connecticut,owners of Used Cars That Are Lemons

Suppose that in Milford,Connecticut,owners of used cars that are lemons value their cars at $2,500,and owners of used cars that are reliable value their cars at $6,000.There are equal quantities of each type of car on the market.Buyers value low-quality cars at $1,500 and high-quality cars at $7,000.In this market:

A) only low-quality cars will be sold at a price of $1,500.
B) only low-quality cars will be sold at a price of $2,500.
C) all cars will sell at a price of $4,250.
D) only high-quality cars will be sold at a price of $6,000.
E) only high-quality cars will be sold at a price of $7,000.