Suppose compensation is given by W = 400,000 + 250 + 50S, where W = total compensation

Fantastic news! We've Found the answer you've been seeking!

Question:

Suppose compensation is given by W = 400,000 + 250 + 50S, where W = total compensation of the CEO, = company profits (in millions) = $340, and S = sales (in millions) = $700. What percentage of the CEO's total earnings is tied to sales of the firm?

Related Book For answer-question

Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

See More Books

Posted Date: Apr 30, 2024 01:49 AM

See More Questions

What were the causes of the United States involvement in World War 1 and why was it important?
Suppose the supply curve of physicists is given by w = 10 + 5E, while the demand curve is given by w = 50 - 3E. Calculate the equilibrium wage and employment level. Suppose now that the demand for...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
The University of Professional Studies, Accra (UPSA) is a public university in Ghana. UPSA is the first university in Ghana to provide both academic and business professional education. The...
A coal-fired power plant operates with a high T of 600oC whereas a jet engine has about 1400 K. Does that mean we should replace all power plants with jet engines?
A single link of a robot arm is shown in Figure. The arm mass is m and its center of mass is located a distance L from the joint, which is driven by a motor torque Tm through spur gears. Suppose that...
In the context of sales remuneration, discuss the psychological motives of each of Darmons five types of individual salesperson: Creatures of habit; Satisfiers; Trade-off-ers; Goal orientated; and...
The four types of IT system maintenance also apply to other industries. Suppose you were in charge of aircraft maintenance for a small airline. What would be an example of each type of maintenance ...
When investigating an attack to a router, you need to gather volatile evidence using either direct or indirect access. Direct access is carried out using show commands. Indirect access can be carried...
Baseline Capital wants to raise $1,000,000 to fund an expansion of its business. To do this, it will issue bonds with 10 years to maturity, a face value of $1,000 and semi-annual coupon payments. The...
A stream function is given by: \[\psi=\sin \left(\frac{x}{L} ight) \sinh \left(\frac{y}{K} ight)\] where $L$ and $K$ are constants, $0 \leq x \leq \pi L$ and $y \geq 0$. a. Does $\psi$...
A coaxial cable carries a current $I_{\text {wire }}$ in its inner conducting wire and a current $I_{\text {shell }}$ in its outer conducting shell. The radius of the wire is \(R_{\text {wire...
How would you distinguish between product and market-driven orientation? Which approach is more likely to be influenced by market research and why?
Nitrogen is compressed to a density of $4 \mathrm{~kg} / \mathrm{m}^{3}$ under an absolute pressure of $400 \mathrm{kPa}$. Determine the temperature in degrees Celsius.
What ideas do you have for a new business? How can you multiply the stimuli around these ideas to enhance them and identify attractive opportunities?
What types of information can we learn about the project by reviewing the project schedule and all the information used to generate it?
Evaluate the function at the given value(s) of the independent variable. Simplify the results. (x) = cos 2x (a) (0) (b) (- /4) (c) (/3) (d) ()
Consider the demand and supply curves in Exercise 13. DATA FROM EXERCISE13 Suppose that the domestic demand and supply for shoes in a small open economy are given by. where P denotes price and Q...
In the previous example, suppose that these are all of the entries in Freedonias BOP table. Calculate the value of errors and omissions. TABLE 11.2 Balance-of-Payments Example Merchandise exports...
Repeat Exercise 6 under the assumption that instead of a fall in demand for foreign exchange, there is an increase in supply. data from exercise 6 Credit entries in a countrys balance of payments...

Suppose compensation is given by W = 400,000 + 250 + 50S, where W = total compensation

Question:

Expert Answer:

To determine the percentage of the CEOs total earnings tied to sales of the firm we need to ca... View the full answer

Microeconomics

Students also viewed these economics questions