Emily and her friends sell newspaper ads for the Bronc to supplement their income each year....

50.1K

Verified Solution

Question

General Management

Emily and her friends sell newspaper ads for the Bronc tosupplement their income each year. From the data below, determinewhich person is the most productive (ads per hour) and which personproduces the greatest ROI ($profit per $labor) under each of thepossible scenarios A and B?
Emily (Freshman)
Yunjue (Junior)
Tianqi (Sophomore)
Lauren (Senior)
# ads sold
100
50
200
35
# hours spent
40
15
85
10
total $revenue
$400
$200
$700
$150
Productivity: (ads per hour)
Productivity: ROI ($profit per $labor)
Scenario A: Seniors get paid $12/hr, Juniors $10/hr, Sophomores$8/hr, and Freshmen $6/hr.
Scenario B: All are paid equally.
Note: it doesn't matter to theanswer what the pay is since they are all getting the samewage. Extra Credit: Why is that?
Remember: profit = revenue - costs. In this case,revenue is $ brought in from the sale of ads and costs are thelabor costs for the salesperson.

Answer & Explanation Solved by verified expert

3.9 Ratings (631 Votes)

We find the Productivity as shown below for Scenario AAs seen from above Lauren is the most productive person 350ads per hourAs seen from above See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

	Emily (Freshman)	Yunjue (Junior)	Tianqi (Sophomore)	Lauren (Senior)
# ads sold	100	50	200	35
# hours spent	40	15	85	10
total $revenue	$400	$200	$700	$150
Productivity: (ads per hour)
Productivity: ROI ($profit per $labor)