In the Kimberly Clark example, researchers visited homes and observed parents and their children. Doing this allowed them to come up with a new product that parents with young children needed. What was this product?
a. Baby formula
b. Diapers
c. Binkey
d. Pull-ups
e. Hand sanitizer

Many potential buyers value high-quality used cars at the full-information market price of € p1 and lemons at € p2. a limited number of potential sellers value high-quality cars at € v1 ≤ p1 and lemons at € v2 ≤ p2. everyone is risk neutral. the share of lemons among all the used cars that might be potentially sold is € θ . suppose that the buyers incur a transaction cost of $200 to purchase a car. this transaction cost is the value of their time to find a car. what is the equilibrium? is it possible that no cars are sold