Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for this process, direct labor is $4.25 per package, and material is $5.00 per package. The selling price will be $12.50 per package.
a. What is the break-even point in units? (Do not round intermediate calculations. Roundup your answer to the next whole number.)b. How much revenue do we need to take in before breaking even? (Round your answer to the nearest dollar amount.)

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.