Econ-101 – what are the three questions that must be answered in order to determine

Assignment-5 Econ-101Q.1. what are the three questions that must be answered in order to determinethe consumers’ willingness to pay in a mixed market of cars with both Lemons.and plumsQ.2. How is the equilibrium price of marketable pollution permits, determined?.Illustrate with the help of a figureNote:AssignmentsDate of issueDue date ofsubmission from thestudents5thEnd of 11th WeekEnd of 13th WeekYou are required to follow these instructions as per the mentioned below:1. Must to finish these assignments as per the due date,after due date no assignments will be graded.2. All the instructors are now using plagiarism s/w so anyissue found will be liable for strict action3. NO copying will be entertained for the grades and thosefound guilty will be given ’0’ marks.

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