In 2015, ZVX motors sold 17,241 units of their latest superbike, the ZVX-1200 . Each ZVX-1200 costs $9,763 to the company, and is sold at a price of $17,255 per unit. The total profit earned by ZVX motors in 2015 is:

a. $297,493,455.
b. $129,789,523.
c. $132,310,819.
d. $129,769,572.

d

Economics

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Which of the following is inherent in the classical view of a self-adjusting economy?

A. Flexible prices and wages B. Inflexible prices and wages C. Instability D. Economic growth dependent on Innovation Theory E. Government spending to stimulate aggregate demand

Economics

Contestable markets improve the performance of imperfect markets with

a. government regulations. b. the threat of entry. c. advertising. d. tacit collusion.

Economics