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Scott is a manager at a pool cleaning business.He has hired 10 workers to clean pools for him and is considering what type of payment scheme he should set up for his workers.He can pay each of his workers $10 per hour to clean pools, or he can pay his workers $20 for each pool a worker cleans.(It takes 2 hours, on average, for an employee to clean a pool thoroughly.)If Scott wants to maximize the number of pools his workers clean in one day, which payment scheme should he use? Explain.
Freight Expenses
Freight Expenses are costs incurred by a business for transporting goods from one place to another via sea, air, or land.
FOB Factory Pricing
A pricing term indicating the price of goods includes the cost of delivery to the factory's loading dock, with the buyer assuming shipping costs and liability from that point onward.
Freight Expenses
Costs associated with transporting goods, typically covering shipping charges, insurance, and handling fees.
FOB Absorption Pricing
A pricing strategy where the seller includes the cost of transportation to the buyer's location in the selling price of the goods.
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