Johnson stores is planning its staffing for the upcoming holiday season. from past history, the store determines that it needs one additional sales clerk for each $12,000 in daily sales. the average daily sales is anticipated to increase by $96,000 from black friday until christmas eve, or 27 shopping days. each additional sales clerk will work an eight-hour shift and will be paid $14 per hour. a. determine the amount to budget for additional sales clerks for the holiday season. holiday staff budget for additional clerks $ b. if johnson stores has an average 40% gross profit on sales. what is the additional profit generated if a staff is added for the increased sale? additional profit $
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Business, 21.06.2019 22:40
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Business, 22.06.2019 08:30
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Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
Johnson stores is planning its staffing for the upcoming holiday season. from past history, the stor...
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