Erie has a new design for their product echo next round that can reduce their material cost of producing units from $8.13 to $7.32. erie passes on 50% of all cost savings by cutting the current price to customers. for simplicity: current selling price = $19.00; use current labor costs of $4.02; use period costs of $7,260 (in 000s, from income statement). the break-even formula is: break-even = (fixed costs for period)/(unit selling price – unit variable cost). determine how many units (000) of product echo would need to be sold next round to break even on the product.

Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.

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