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Suppose a CEO goal is to increase profitability and output from her company by bolstering its sales force and that it is known that profits as a function of output are P=40q-2q2 (in millions of US dollars) Graph the profit function. Compare and contrast output and profits using the following compensation schemes, based on the assumption that sales managers view output and profits as "goods"
A. The company compensates sales managers solely based on output
B. The company compensates sales managers solely based on profits
C. The company compensates based on the combination of output and profits
Provide all calculations with comparison and contrast discussion
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Ricardo borrows Steve's lawn mower because his own lawn mower needs repair. Ricardo mows his front yard. To mow the backyard, he needs to move some hoses and lawn furniture. He leaves the mower in front of his house while doing so. When he returns to..
Her supervisor was impressed with Ramona's knowledge of current laws with respect to hiring practices, but asked her to quickly get up to speed on compensation also training laws. This is a reasonable request if Ramona plans to stay in the HR fiel..
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