For a Person Whose Income Is Based on a Commission

question 320

Multiple Choice

For a person whose income is based on a commission (earning a percentage of the value of their sales) , then

• A) the household budget line must have a very steep slope.
• B) the household budget line is more uncertain from month to month than if income were a fixed monthly amount.
• C) it is best to think optimistically and assume that a high level of income will exist.
• D) the lower the salary, the flatter the slope of the budget line will be.

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Definitions:

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Multi-Tasking

The process of handling more than one task at the same time.

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The process of executing an impartial assessment and review of a problem to derive a reasoned judgment.

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A method where tasks or goals are divided into more manageable, bite-sized portions to facilitate easier completion or understanding.