The Northern Co. manufactures office chairs. The following information is available for June: Selling price per chair $150 Variable cost per chair 90 Total fixed costs 95,000 If the company sells 1,500 chairs in the month of June, the margin of safety in units is . (Round-off the answer to the nearest whole number.)

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