Simon Is at an Interview for an Entry-Level Position at a Large

question 92

Multiple Choice

Simon is at an interview for an entry-level position at a large company
-If Simon is asked about his salary expectations, which of the following would be his best response?

• A) "My research showed a range of A-B thousand dollars for this job - what is your salary range?"
• B) "My minimum salary requirement is C thousand dollars."
• C) "I'm hoping to get D thousand dollars."
• D) "I feel that my skills and experience, coupled with my enthusiasm to work for your company, make E thousand dollars appropriate."
• E) "Why don't you tell me how much you think I'm worth?"

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Definitions:

Final Products

Goods and services that are consumed by the end-user and do not require further processing.

Free and Open Markets

Economic systems where supply and demand are not hindered by undue restrictions, allowing for free trade and competition.

Efficient Level

The point at which a system operates at maximum productivity with minimum waste and expense.

Marginal Cost

The additional cost incurred in producing one more unit of a good or service.