A salesperson can put in regular effort resulting in a 40, Business Economics

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A salesperson can put in regular effort resulting in a 40

A salesperson can put in regular effort (resulting in a 40% chance of sale) or high effort (60% chance of sale). If high effort costs the salesperson $20 more than regular effort, how large of a per-sale bonus is required to encourage high effort? The answer is $100 dollars but Im not sure how to get there.

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Business Economics: A salesperson can put in regular effort resulting in a 40

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Business Economics: A salesperson can put in regular effort resulting in a 40

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