Refer to Figure 17-6. Salespeople would be indifferent to the two pay schemes if their monthly sales were
A) less than 20 vacuum cleaners. B) between 20 and 30 vacuum cleaners.
C) between 30 and 45 vacuum cleaners. D) more than 45 vacuum cleaners.
B
Economics
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The statement "Unemployment should be below 6 percent" is
A) a positive statement. B) a normative statement. C) a prediction. D) an assumption.
Economics
Suppose a new contracting environment that requires greater specialized investments is considered. This new contract will result in:
A. a decrease in the marginal benefit and a shorter optimal contract. B. a decrease in the marginal benefit and a longer optimal contract. C. an increase in the marginal benefit and a longer optimal contract. D. an increase in the marginal benefit and a shorter optimal contract.
Economics