Alpha Geek

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    Polytechnic State University Sanluis
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Category > Accounting Posted 01 May 2017 My Price 5.00

A salesperson can put in regular effort

A salesperson can put in regular effort (resulting in a 40% chance of sale) or high effort (60% chance of sale). If high effort costs the salesperson $20 more than regular effort, how large of a per-sale bonus is required to encourage high effort?

a. $12

b. $20

c. $33.33

d. $100

Answers

Alpha Geek
(8)
Status NEW Posted 01 May 2017 04:05 PM My Price 5.00

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Attachments

file 1493657490-1562602_1_636291901728059424_Bonus-vs-effort.xlsx preview (159 words )
15-----------626-----------02&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------429-----------702-----------Bon-----------us -----------vs -----------eff-----------ort-----------A s-----------ale-----------spe-----------rso-----------n c-----------an -----------put----------- in----------- re-----------gul-----------ar -----------eff-----------ort----------- (r-----------esu-----------lti-----------ng -----------in -----------a 4-----------0% -----------cha-----------nce----------- of----------- sa-----------le)----------- or----------- hi-----------gh -----------eff-----------ort----------- (6-----------0% -----------cha-----------nce----------- of----------- sa-----------le)-----------. I-----------f h-----------igh----------- ef-----------for-----------t c-----------ost-----------s t-----------he -----------sal-----------esp-----------ers-----------on -----------$20----------- mo-----------re -----------tha-----------n r-----------egu-----------lar----------- ef-----------for-----------t, -----------how----------- la-----------rge----------- of----------- a -----------per------------sa-----------le -----------bon-----------us -----------is -----------req-----------uir-----------ed -----------to -----------enc-----------our-----------age----------- hi-----------gh -----------eff-----------ort-----------?a.----------- $1-----------2b.----------- $2-----------0c.----------- $3-----------3.3-----------3d.----------- $1-----------00------------Cor-----------rec-----------t A-----------nsw-----------erE-----------xpl-----------ana-----------tio-----------nHi-----------gh -----------eff-----------ort----------- ch-----------anc-----------e o-----------f s-----------ale----------- co-----------sts----------- mo-----------re -----------tha-----------n r-----------egu-----------lar----------- ef-----------for-----------tFo-----------r P-----------er -----------sal-----------e b-----------onu-----------s= -----------$ 1-----------2 i-----------s
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