Your company has a market share of 25%. The total market size is$100 million. Yo

Your company has a market share of 25%. The total market size is$100 million. Your contribution margin (the ratio of thecontribution per unit over the price per unit) is 20%. Yourvariable cost is $16 per unit. You are thinking of hiring 10 moresalespeople. The annual cost per salesperson (including salary andbenefits) is $120000. In addition each salesperson receives as abonus 10% of the sales he or she generates. How much should yourmarket share increase to make this a profitable action? (Hint: Tosolve the problem you need to calculate the price per unit and thencalculate the new contribution per unit that will reflect the addedcost of the 10% bonus given to the salespeople.)