Wage (dollars Scheme II per month) 5,625 3,750 Schame I Figure 16-6 shows two different compensation 2.500 45 Quantity of vacuum cleaner sales per month schemes for the Vortex Vacuum Cleaner Company. Under Scheme I, the firm pays a consistent wage of $2,500 per month to all its salespeople for sales up to 20 vacuum cleaners. For sales of 21-30 vacuum cleaners, its salespeople earn $125 per vacuum cleaner, with wages capped at $3,750 per month for sales over 30 vacuum cleaners. If a salesperson has three consecutive months of sales below 20 vacuum cleaners, the person loses his or her job. Scheme II represents a straight commission, with salespeople earning a commission of $125 per vacuum cleaner sold, with no wage cap Refer to Figure 16-6. Under Scheme I A workers compete with each other to see who can sell more than 20 vacuum cleaners in the shortest possible time. B workers have no incentive to sell more than 30 vacuum cleaners. C workers signal their productivity to the firm by consistently selling above 30 vacuum cleaners. D the incentive to increase productivity only occurs for sales of fewer than 20 vacuum cleaners or more than 30 vacuum cleaners.Quantity (gallons) Total Cost (dollars) Variable Cost (dollars) 200 10 280 80 20 400 200 30 560 360 40 760 560 50 1,000 800 60 1,320 1,120 Table 12-3 shows the short-run cost data of a perfectly competitive firm that produces paint . Assume that output can only be increased in batches of 10 gallons. Refer to Table 12-3. Suppose the fixed cost of production rises by $125 and the price per gallon is still $24. What happens to the firm's profit-maximizing output level? It must fall. It must rise to offset the increased cost. C) it will remain the same. D The firm will shut down.Table 11-9 Company Aardvark Bandicoot Capybara Dugong Echidna Output 5,000 12,000 8,500 15,000 3,500 Table 11-9 represents the monthly output of five companies in the electric scooter manufacturing industry. Minimum efficient scale in this industry is a monthly output of 27,000 electric scooters, and the industry has a typical U-shaped long-run average cost curve with no constant returns to scale. Refer to Table 11-9. Which of the following potential mergers would still result in the new company experiencing economies of scale? A Bandicoot merges with Dugong. B Bandicoot merges with Capybara, Aardvark, and Echidna. C Dugong merges with Echidna and Capybara. D Dugong merges with Aardvark and Echidna