What commission c should

Assignment Help Business Economics
Reference no: EM132559015

Suppose you have hired a new worker, unfortunately you do not know if the worker is a shirker or a hard worker. Suppose working hard raises the probability of making a sale from 40% to 80% (thus raises the probability of making a commission C by the same percentage). If the cost of working harder is $150, what commission C should you offer the worker to provide an incentive to work hard.

Reference no: EM132559015

Questions Cloud

Percentage mark-up and margin of this weber gas grill : What will be the optimal price, the dollar margin, the percentage mark-up and (percentage) margin of this Weber gas grill.
Prepare the journal entries to record the events : An ESOP under which employees may purchase shares of the company for $ 20 per share was established. Prepare the journal entries to record the events
Find what the degree of operating leverage is : Morse Company reports total contribution margin of $82,010 and pretax net income of $13,900 for the current month. What The degree of operating leverage is
Prepare the entry to record the sale for cash : The corporation sold 100 common shares and 150 preferred shares for a lump sum of $ 100,000. Prepare the entry to record the sale for cash
What commission c should : Suppose you have hired a new worker, unfortunately you do not know if the worker is a shirker or a hard worker.
Server virtualization : Explain Windows Azure capabilities for virtual machines and managing hybrid cloud, including Windows Azure's Internet as Service (IaaS) and storage capabilities
Prepare the cash budget with supporting schedules : Prepare the Cash Budget with supporting schedules for cash collections and cash disbursements for the FIRST QUARTER ONLY.
How much is the taxable income : Jacob was an OFW employed by I-Tech Corporation in the USA. Jacob retired. How much is the taxable income
Distinguish between the two types : Suppose a bank is faced with two types of borrowers - a high risk borrower that should be charged an interest rate

Reviews

Write a Review

Business Economics Questions & Answers

  Determine whether the battery life

Fifteen batteries are tested to determine whether the battery life is as long as advertised. Four batteries fail the test. From all fifteen

  Compute the interest rate paid on korean deposits

In addition, the bank deposits in Japan pay a 3% interest rate. a. Compute the interest rate paid on Korean deposits.

  Qfirms often face the problem of allocating an input in

q.firms often face the problem of allocating an input in fixed provide among different products. find out the optimal

  List all the tools of monetary policy

List all the tools of monetary policy. List two monetary policy targets. List two ultimate goals of monetary policy. B) Explain how the bank credit channels (two channels) of monetary policy transmission operate.

  What recommendation a company such as cummins engine

After an unanticipated dollar appreciation has occurred, what recommendation a company such as Cummins Engine to do with its strong domestic currency?

  Unauthorized access to us government networks

Is it acceptable for other countries to attempt to gain unauthorized access to US government networks? Why or why not?

  Loanable funds model

Using the loanable funds model, graphically illustrate and indicate the impact on i and q if the U.S.

  Refundable security deposit-draw a cash flow

A local car dealer is advertising a 24 month lease of a sport utility vehicle for 520 payable at the beginning of each month. the lease requires a 2500 down payment plus a 500 refundable security deposit that is refunded at the end of the 24 month le..

  Measured global gdp in case

a) Why there is likely to be an increase in measured global GDP in this case. b) Is GDP is a 'good' measure of progress in this case.

  Qsuppose that there is a unit mass of consumers who are

q.suppose that there is a unit mass of consumers who are uniformly distributed on the segment01. two firms are located

  Q suppose a government has no debt and a balanced budget

q. suppose a government has no debt and a balanced budget. suddenly it decides to spend 1 trillion while raising only

  Contrast for-profit and non-profit organizations

Compare and contrast for-profit and non-profit organizations. Compare and contrast in terms of economic policies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd