A salespersons weekly pay depends on the volume of sales. If she sells x units of goods,

Question:

A salesperson’s weekly pay depends on the volume of sales. If she sells x units of goods, her pay is y = 5x + 60 dollars. Give an interpretation of the slope and the y-intercept of this straight line.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

See More Books

Question Posted: Mar 20, 2023 04:55 AM

See More Questions

1. A furniture salesperson earns $220 a week plus 10% commission on her sales. Let x denote her sales and y her income for a week. (a) Express y in terms of x. (b) Determine her week's income if she...
The company that you work for as a managerial accountant uses independent agents to sell its products. These agents are currently being paid a commission of 15% of the sales price but are asking for...
The company that you work for as a managerial accountant uses independent agents to sell its products. These agents are currently being paid a commission of 15% of the sales price but are asking for...
CASE STUDY 1: Facebook, Cambridge Analytica and Trump Scandal: Lessonfor Government, Business, Consumers and Voters. In early 2018, Facebook admitted to mishandling datafrom over 50 million Facebook...
A company has common stock and cumulative preferred stock. The preferred stock is 4%, $10 par, and there are 25,000 shares outstanding. The company didn't pay dividends in the previous two years. In...
What is inventory control, and why is it important? Appendix
What are the advantages and disadvantages of franchising from the perspective of franchisors and franchisees? LO.1
Schuyler Company wishes to purchase an asset costing $117,000. The full amount needed to finance the asset can be borrowed at 14% interest. The terms of the loan require equal end-of-year payments...
Adams Enterprises began operations on January 2, 2020, depending 540,000 in the banking this festment of bed, the womactions occurred that affected the Cathedral Click the icon to view the...
Compute the following limits. lim 1 .2 x8-x
A company manufactures and sells fishing rods. The company has a fixed cost of $1500 per day and a total cost of $2200 per day when the production is set at 100 rods per day. Assume that the total...
Compare the fully parametric and semiparametric approaches to estimation of a discrete choice model such as the multinomial logit model discussed in Chapter 21. What are the benefits and costs of the...
Because her insurance agency is in a lakeside community, Adriana always asks her homeowners clients what boating activities they engage in, and she is sure to add the Watercraft endorsement...
1. Among all assumptions in CVP analysis, which one do you think is the most critical? Explain. 2. How will you change the cost-volume-profit analysis if the assumption (you identify in the previous...
Construct a confidence interval for p-P2 at the given level of confidence. x =26, n =229, x2 = 31, n = 302, 95% confidence The researchers are % confident the difference between the two population...
AP 9-2 (Moving Expenses) In May of the current year, following a dispute with her immediate superior, Ms. Elaine Fox resigned from her job in Halifax and began to look for other employment. She was...
Minimize the number of states in the following DFA: A b b a a a b b b E B a a
How would an unexpected change in the equilibrium real fed funds rate be an argument against using a Taylor rule for monetary policy implementation?
You have accepted the engagement of auditing the financial statements of the C. Reis Company, a small manufacturing firm that has been your auditee for several years. Because you were busy writing...
A business associate who owes you $3000 offers to pay you $2800 now, or else pay you three yearly installments of $1000 each, with the first installment paid now. If you use only financial reasons to...
For children and adults with diseases such as asthma, the number of respiratory deaths per year increases by 0.33% when pollution particles increase by a microgram per cubic meter of air. (a) Write a...
Use Figure 1.95 to graph the function. y = f(x 1) -5 -4 -3 -2 -1 2 y 1 Figure 1.95 2 y = f(x) 3 4 5 X
Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5000, 4% if his sales are over $8000, and 5% if sales are over $15,000. How much will Nitin earn in a...
Safa is paid a base salary of $1500 per month and a commission of 6% on all sales over $75,000. Last month, Safa's gross salary was $4440. What were her sales for the month? a$149,000 b$124,000...
Your regular hourly rate of pay is $15.86, and you are paid double time for all work on weekends and for any time over forty hours per week (Monday to Friday). Calculate your gross earnings for a...

A salespersons weekly pay depends on the volume of sales. If she sells x units of goods,

Question:

Step by Step Answer:

Each unit sold increases the pay b...View the full answer

Calculus And Its Applications

Students also viewed these Mathematics questions