Therefore, profits are negative in a monopolistically competitive market new firms will enter the market until economic profits are zero.

Learn more on competitive market here,

brainly.com/question/25717627

7 0

3 years ago

Telemarketers receive $15 commission on all new customers they sign up for cell phone service through Movill Networks. Each tele

antiseptic1488 [7]

Answer:

The gross pay of Kenny is $750.
The gross pay of Charles is $525.
The gross pay of Laurie is $855.
The gross pay of Hylis is $480.

Explanation:

As the data of the employers is not given here, a similar question is found , for which the data is attached herewith.

Now the minimum wage per week for $8 an hour is given as

Minimum Wage=40*$8=$240.

The gross pay of Kenny with 50 new customers is given as

$Gross Pay_{Kenny}=n*\$15\\Gross Pay_{Kenny}=50*\$15\\Gross Pay_{Kenny}=\$750$

So the gross pay of Kenny is $750.

The gross pay of Charles with 35 new customers is given as

$Gross Pay_{Charles}=n*\$15\\Gross Pay_{Charles}=35*\$15\\Gross Pay_{Charles}=\$525$

So the gross pay of Charles is $525.

The gross pay of Laurie with 52 new customers is given as

$Gross Pay_{Laurie}=n*\$15\\Gross Pay_{Laurie}=52*\$15\\Gross Pay_{Laurie}=\$780$

So the gross pay of Laurie is $780.

The gross pay of Hylis with 32 new customers is given as

$Gross Pay_{Hylis}=n*\$15\\Gross Pay_{Hylis}=32*\$15\\Gross Pay_{Hylis}=\$480$

So the gross pay of Hylis is $480.

As Laurie has the highest number of new customers, so she will receive a bonus of $75.

So the gross pay of Laurie is $780+$75=$855.

So the gross pays are given as

The gross pay of Kenny is $750.
The gross pay of Charles is $525.
The gross pay of Laurie is $855.
The gross pay of Hylis is $480.

8 0

4 years ago

In the United States banking policies and procedures are set by the￼:

In the United States banking policies and procedures are set by the: