Hire nora jones to respond to customer inquiries

Assignment Help Macroeconomics

Reference no: EM1326591

Marginal Revenue Product of Labor

To better serve customers interested in buying cars over the Internet, Smart Motors, hired Nora Jones to respond to customer inquiries, offer price quotes, and wrote orders fro leads generated by the company's Web site. During the last year, Jones averaged 1.5 vehicle sales per week. On average, these vehicles sold for a retail price of $25,000 and brought the dealership a profit contribution of $1,000 each.

A. Estimate Jones' annual (50 workweek) marginal revenue product

B. Jones earns a base salary of $60,000/yr, and Smart Motors pays an additional 28% of this base salary in taxes and fringe benefits. Is Jones a profitable employee?

Reference no: EM1326591

Questions Cloud

Providing the current situation with general motors : Providing the current situation with General Motors, our team is recommending that they (GM) reduce their current operations in order to maximize profits.

Evaluation and the initial dvelopment of applications : Oversees and coordinates the evaluation and the initial dvelopment of applications for state-of-the-art data processing equipment and various information system technologies.

Law and family violence : The local police were notified. How do you think the police would react to this situation today? How, in your opinion, would they have reacted in the early to late nineteenth century?

Explain important information about intellectual property : Explain Important information about intellectual property and what type of e-business issues may arise concerning intellectual property when conducting business on the Internet and internationally

Hire nora jones to respond to customer inquiries : To best serve customers interested in buying cars over Internet, Smart Motors, hire Nora Jones to respond to customer inquiries.

Evaluate customer information system : Assists with identifying and evaluating customer Information System needs and requirements; works with the customer to design, prepare, and maintain business information system processes that most effectively apply technology and utilize resources..

Characteristics of excellent leader : What characteristics does this person possess that cause you to perceive him or her as an excellent leader?

How to identify areas for improvement : plan a form that you would disseminate to your end user community that will aid in the assessment of a current system to identify areas for improvement.

Consequences of family violence : The bigger question right now is what the financial, relational, and psychological ramifications would be to Alice and Serena in the short term. What about long-term effects, particularly for Serena? Identify the different types of abuse Serena an..

User Account

All Pages