I’mabigcorp. produces and sells kitchen wares. last year, it produced 7,000 can openers and sold each one for $6. to produce the 7,000 can openers, the company incurred variable costs of $28,000 and a total cost of $45,000. i'mabigcorp.'s average fixed cost to produce the 7,000 can openers was:

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec