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KJCarters Used Cars would like to hire a new salesperson. There are 2 candidates who each have different expectations regarding their compensation. One candidate would
KJCarters Used Cars would like to hire a new salesperson. There are 2 candidates who each have different expectations regarding their compensation. One candidate would like to have a fixed salary of $45,000 per year. The second candidate would like to be paid by a commission of 5% of sales. KJCarter believes that the individual sales person has very little impact on the level of sales. At what level of expected sales from this position would it not matter to Carter which salesperson is hired. (8 marks )
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