Reedy's Rocking Chairs employs 10 people. The CEO makes $500,000 each year, and the 9 other employees make $50,000 each. What measure would give you the best idea of what a typical employee makes?
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What measure would give you the best idea of what a typical employee makes? 500,000/10 = 50,000 +50,000 19x = 100,000 19x/19 = 100,000/19 x = $5,263.15