Costs and Expenses Direct Materials $42,000
Direct Labor $66,000
Variable Manu Overhead $28,000
Fixed Manu Overhead $20,000
Total Manu Overhead $48,000
Variable Selling Expense $11,000
Fixed Selling Expense $9,000
Total Selling Expense $20,000
Variable Administrative Expense $7,000
Fixed Administrative Expense $12,000
Total Administrative Expense $19,000
Product costs are equal to:.

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