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tester [92]
3 years ago
11

Tyrion is compensated by his company under a straight commission plan. He receives 10 percent of the total sales revenue per wee

k. In a particular week, the total sales revenue is $6,000. This amount is known as the:__________.
Business
1 answer:
larisa [96]3 years ago
8 0

Answer:

Salesperson compensation

Explanation:

According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.

This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.

In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.

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the government enacts regulation to institute enforceable property rights for business investment. which input in the production
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The effect on economic growth in the country is the capital stock is decreasing.

<h3>What is economic growth?</h3>

The rise or improvement in the market value of the commodities and services generated by an economy during a specific time period, adjusted for inflation, is referred to as economic growth. Traditionally, statisticians use the real GDP growth rate as a proxy for measuring economic growth. To account for inflation's distorting influence on the pricing of produced items, growth is typically expressed in real terms, or terms adjusted for inflation. Using national income accounting, economic growth is measured. It has all the benefits and disadvantages of that measure since economic growth is calculated as the annual percent change of GDP. Commonly, the GDP to population ratio is used to compare the economic growth rates of different nations (per-capita income).

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6 0
1 year ago
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