If a firm manager has a base salary of $50,000 and also gets 2% of all profits, how much will his 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
Economics
If a firm manager has a base salary of $50,000 and also gets 2% of all profits, how much will his 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