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    Managerial Economics and Business Strategy Study Set 1
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    Exam 6: The Organization of the Firm
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    If a Firm Manager Has a Base Salary of $50,000
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If a Firm Manager Has a Base Salary of $50,000

Question 71

Question 71

Multiple Choice

If a firm manager has a base salary of $50,000 and also gets 2 percent of all profits,how much will his/her income be if revenues are $8,000,000 and profits are $2,000,000?


A) $250,000
B) $210,000
C) $90,000
D) $150,000

Correct Answer:

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