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Joshua is an extremely successful salesperson for a chemical products manufacturing company.His sales are approximately twice those of the average salesperson in his category,and he is a very valuable employee.But,Joshua's administrative abilities are minimal.This is causing problems with orders,customer follow-up,and reporting.Joshua's boss is frustrated because significant training expenditures on Joshua have resulted in minimal improvement in his administrative performance.The situation cannot continue.Which of the following would be the most useful solution for the company?
Price of Labor
The wages or salary paid to workers for their labor, typically determined by the supply and demand for labor in the market.
Price of Capital
The cost of accessing financial capital, determined by the interest rate or return expected by investors.
Marginal Costs
The cost associated with producing one additional unit of a product or service.
Variable Costs
Expenses that change in proportion to the activity or volume of operations in a business.
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