Asalesperson applying for work is considering two job offers. company a offers to pay $110 per day plus 7% of the total sales for that day. company b offers $80 per day plus 12% of total daily sales. what is the smallest daily sales amount that will make company b as lucrative for the salesperson as company?

$600

Explanation:

Total entrance company A= 110 + daily sales amount x 7%

Total entrance Company B = 80 + daily sales amount x 12%

The point with the same entrance for both companies could be obtained matching  both equations:

110+daily sales amount x 7% = 80 + daily sales amount x 12% ,

clearing the variable (daily sales amount) :

daily sales amount= (110-80) / ( 12%-7% ) = 30 /5%  = $600

answer; intensive use of a sales force and is relatively costly;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.