A Sales Representative Is Paid the Greater of $950 or 8

question 62

Multiple Choice

A sales representative is paid the greater of $950 or 8% of sales. At what volume of sales will he start to earn more from the commission-based compensation?

• A) $9,500
• B) $1,026
• C) $1,875
• D) $1,187.50
• E) $11,875

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Definitions:

Parents

Caregivers of a child or children who provide support, nurturing, and guidance in the development of the child.

Abuse

The improper treatment of a person or entity, often to unfairly or improperly gain benefit.

Familism

A cultural belief emphasizing the importance of family connections, loyalty, and reliance within a social group.

Family Obligation

Duties, responsibilities, or expectations that individuals may have towards their family members, often culturally defined.