You have learned about the interaction of supply and demand in the marketplace. In the first part of this project, you will create your own market by choosing a product and gathering information that describes the demand for this product. You will then use the information on the supply of this product (with the quantity supplied given by your teacher) to determine your product's equilibrium price. Checklist:

✓ Your "Finding Equilibrium Price" table
✓ The "Price" column is filled in with four different list prices for your good or service (The "Price" column should also have the name of your good in the title)
✓ The "Quantity Demanded" column filled in with the results from the ten people in your survey
✓ A list of the ten people in your survey

Following is a list of various costs incurred in producing replacement automobile parts. with respect to the production and sale of these auto parts, classify each cost as either variable costs, fixed costs, or mixed costs. 1. oil used in manufacturing equipment 2. plastic 3. property taxes, $165,000 per year on factory building and equipment 4. salary of plant manager 5. cost of labor for hourly workers 6. packaging 7. factory cleaning costs, $6,000 per month 8. metal 9. rent on warehouse, $10,000 per month plus $25 per square foot of storage used 10. property insurance premiums, $3,600 per month plus $0.01 for each dollar of property over $1,200,000 11. straight-line depreciation on the production equipment 12. hourly wages of machine operators 13. electricity costs, $0.20 per kilowatt-hour 14. computer chip (purchased from a vendor) 15. pension cost, $1.00 per employee hour on the job

Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.