Michael works as a salesman at a car dealership. He can choose to work on a commission basis?
... (without base salary), with a 5% commission on the total values of cars he sells in a month. Or, he can choose to work for a base salary of $8/h
... (without base salary), with a 5% commission on the total values of cars he sells in a month. Or, he can choose to work for a base salary of $8/h. On average, Michael works for 8 hours a day, 160 hours a month, and his sales is $60000 a month. Which payment option would you recommend to Michael? Show all your work. (2 marks)
or:... (without base salary), with a 5% commission on the total values of cars he sells in a month. Or, he can choose to work for a base salary of $8/h. On average, Michael works for 8 hours a day, 160 hours a month, and his sales is $60000 a month. Which payment option would you recommend to Michael? Show all your work. (2 marks)
