An Insurance Company Is Considering Using Independent Sales Agents Who

question 287

Multiple Choice

An insurance company is considering using independent sales agents who would receive a 7 percent sales commission on sales or its own insurance salespeople who would receive a 5 percent commission, salaries, and benefits. Additionally, with a company salesforce, sales administration costs would be incurred for a total fixed cost of $650,000 per year. At what level of sales would independent salespeople be less costly to the firm?

• A) $650,000
• B) $3,250,000
• C) $6,500,000
• D) $32,500,000
• E) $35,200,000

Understand the process of oversight by Congress and its implications.

Identify the specific grants of power to the national government and their sources.

Comprehend the structure and division of Congress.

Recognize the intentions of the founders regarding the distribution of power within the national government.

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Definitions:

Divorce Rate

The statistical measure of the number of divorces that occur among the population during a given time period, often per 1,000 population.

Marriage Rate

The statistical measure of the number of marriages per a certain unit of population within a specified time period.

Segregated

The enforced separation of different racial, ethnic, or social groups, often referring to the historical racial segregation in United States schools, transportation, and public places.

American Military

The armed forces of the United States, responsible for defense and military operations both domestically and internationally.