Table 93
-In Table 9

question 57

Multiple Choice

$\begin{array}{cccc}\hline \text { Markets } & \begin{array}{l}\text { Plums high quality) }\end{array} & \begin{array}{l}\text { Lemons low quality) } \\\text { Supplied }\end{array} & \begin{array}{c}\text { \% Buyers Believe are } \\\text { Lemons low quality) }\end{array} \\\hline 1 & 5 & 25 & 70 \% \\2 & 10 & 20 & 60 \% \\3 & 15 & 15 & 40 \%\\\hline \end{array}$ Table 9.3
-In Table 9.3, market 3 would be in equilibrium if buyers believed lemons account for:

• A)45% of the market.
• B)50% of the market.
• C)55% of the market.
• D)60% of the market.

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Definitions:

Archetypes

Universal, symbolic images or themes that recur across cultures and literature, representing fundamental human motifs or experiences.

Defence Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and to cope with reality or maintain self-image.

Identification

The process of associating oneself closely with other individuals or groups, often by adopting their characteristics or views.

Self-esteem

An individual's subjective evaluation of their own worth or value.