2. A company has five salespeople and 100 sofas to sell each day. Salespeople get $ commission for each of the first 15 sofas they sell and $5 commission for each addition sofa after that. Jill is by far the best salesperson, and she usually sells 60 sofas while t other four salespeople sell only 10 each. a) If Jill's coworkers wanted to bribe her into selling only 20 sofas, what is the minimu that they'd have to offer her? b) Assuming that they would split the cost of the bribe equally, would they be willi to offer this bribe? If so, how much does each coworker gain if Jill accepts?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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2. A company has five salespeople and 100 sofas to sell each day. Salespeople get $10
commission for each of the first 15 sofas they sell and $5 commission for each additional
sofa after that. Jill is by far the best salesperson, and she usually sells 60 sofas while the
other four salespeople sell only 10 each.
a) If Jill's coworkers wanted to bribe her into selling only 20 sofas, what is the minimum
that they'd have to offer her?
b) Assuming that they would split the cost of the bribe equally, would they be willing
to offer this bribe? If so, how much does each coworker gain if Jill accepts?
c) What is the maximum bribe that they would be willing to make?
Transcribed Image Text:2. A company has five salespeople and 100 sofas to sell each day. Salespeople get $10 commission for each of the first 15 sofas they sell and $5 commission for each additional sofa after that. Jill is by far the best salesperson, and she usually sells 60 sofas while the other four salespeople sell only 10 each. a) If Jill's coworkers wanted to bribe her into selling only 20 sofas, what is the minimum that they'd have to offer her? b) Assuming that they would split the cost of the bribe equally, would they be willing to offer this bribe? If so, how much does each coworker gain if Jill accepts? c) What is the maximum bribe that they would be willing to make?
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