The following is a report from a not-very-efficient BLS survey taker: "There were 105 people in the houses I visited. 26 of them were children under the age of 16, 25 people had full-time jobs, and 13 had part-time jobs. There were 10 retirees, 5 full-time homemakers, 12 full-time students over age 16, and 3 people who were disabled and cannot work. The remaining people did not have jobs, but all said they would like one. Eight of these people had not looked actively for work for three months, however." Find the labor force, the working-age population, the number of employed workers, and the number of unemployed workers.

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?