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Basically the same effect on total sales
Course:- Macroeconomics
Reference No.:- EM131293327




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You're going to go to a job interview for OU Car Co. Knowing that the field is highly competitive, you have run sales scenarios ahead of time experimenting with different numbers of customers and vehicle profits given that in one month OU Car Co. sells between 3 and 10 cars uniformly distributed with profits of $5,000 on the average with deviation of $1500 Which has a higher payoff, focusing on selling to a couple more customers or by increasing the average sale (with the same std. dev. of $1500) by retraining your sales force or do they have basically the same effect on total sales?




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