=+Package 3: Pay the CEO a flat salary of $500,000 per year and then 50 percent of

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=+Package 3: Pay the CEO a flat salary of $500,000 per year and then 50 percent of any firm profits above

$15 million 11. A firm’s short-run revenue is given by R = 10e - e 2

,

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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