A toy making company has at least 300 squares of felt, 700 oz of stuffing, and 230 ft of trim to make dogs and dinosaurs. A dog uses 1 square of felt, 4 oz of stuffing, and 1 ft of trim. A dinosaur uses 2 squares of felt, 3 oz of stuffing, and 1 ft of trim. It costs the company $1.23 to make each dog and $1.78 for each dinosaur. What is the company's minimum cost

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