In equilibrium in a mixed market:
A. the percent of low quality goods on the market equals the buyers' estimate of the percent of low-quality goods on the market.
B. the percent of low quality goods on the market equals the sellers' estimate of the percent of low-quality goods on the market.
C. 50% of the goods on the market are low quality and 50% are high quality.
D. all low-quality goods have been driven out of the market.
Answer: A
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