Thad morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the western hombre brand of cycle that was popular in the 1930s. the retro-look cycle would be sold for $15,000 and at that price, thad estimates 300 units would be sold each year. the variable cost to produce and sell the cycles would be $11,250 per unit. the annual fixed
cost would be $1,012,500.
what is the break-even in unit sales?
what is the margin of safety in dollars (omit the "$" sign in your response.)

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