Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

3. Linear combinations Assume that you are the sales person of the shop in Question 2 and you are paid a commission for each TV

3. Linear combinations Assume that you are the sales person of the shop in Question 2 and you are paid a commission for each TV the shop sells. Calculate your earnings in the following scenarios. Show your working for full marks. Hint: Let your earnings be denoted by Y and write an equation relating Y to the number of TVs X sold per day.

  1. (a) The shop pays you $25 commission for each TV the company sells. Calculate the average daily commission you receive?

[2 marks]

  1. (b) On top of the commission of $25 you also receive a fixed daily wage of

$115. Calculate the average daily income you receive in total?. [2 marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions