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In a monopoly market, if a sales person's salary is a fixed percentage of the firm's revenue, while the owner's goal is to maximize the
In a monopoly market, if a sales person's salary is a fixed percentage of the firm's revenue, while the owner's goal is to maximize the firm's profit, then
- The optimal price for sales person would be higher than the optimal price for the owner
- The sales person would prefer a lower quantity than the owner
- The optimal price for sales person would be the same as the optimal price for the owner
- The optimal price for sales person would be lower than the optimal price for the owner
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