A Sales Representative Is Paid the Greater of $950 or 8

question 62

Multiple Choice

A sales representative is paid the greater of $950 or 8% of sales. At what volume of sales will he start to earn more from the commission-based compensation?

• A) $9,500
• B) $1,026
• C) $1,875
• D) $1,187.50
• E) $11,875

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Definitions:

Personality Disorder

A kind of psychological disorder defined by persistent unhealthy patterns of thinking, behaving, and feeling that are apparent in various situations and significantly differ from what is considered normal by the person's cultural standards.

Con-man

A person who deceives others by lying or tricking them, often to gain money or advantage.

Remorse

A deep feeling of regret or guilt for a wrong committed.

Anorexia Nervosa

An eating disorder characterized by an obsessive fear of gaining weight and a refusal to maintain a healthy body weight.