Teams in the National Basketball Association that exceed a given payroll threshold must pay a luxury tax
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Teams in the National Basketball Association that exceed a given payroll threshold must pay a luxury tax on the amount above the threshold. For a team that exceeds the payroll threshold by an amount of at least $10 million but less than $15 million for the first time, the linear function T(x) = 2.5(x − 10) + 16.25 describes the luxury tax T for the payroll excess x (in millions of dollars).
(a) What is the domain of this linear function?
(b) What is the luxury tax for a team that exceeds the payroll threshold by $14 million?
(c) Graph the linear function.
(d) If a team must pay a luxury tax of $22.5 million, by how much did they exceed the payroll threshold?
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Related Book For
Precalculus Concepts Through Functions A Unit Circle Approach To Trigonometry
ISBN: 9780137945139
5th Edition
Authors: Michael Sullivan
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