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Assignment 1R(20 points)Assignment 1R: Selling and PricingInstructionsSave this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.Review Lesson 4 of the Course Overview for instructions about turning in your assignments.Assignment QuestionsIn Section 1, you learned about selling and pricing. Now, you'll apply what you learned. 1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.a. Describe the product the company sells. (1-3 sentences. 2.0 points)