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Suppose you are considering adding another sales associate to the floor. Your current total sales are $40,000 per day and your cost of sales, including the sales associates are $66,000 per day. The new sales associate should increase sales by $1,500 per day and result in an increase in the cost of sales, including the associates salary, of $1,000. Would you hire the new sales associate?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9685799

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