Concept explainers
To write: the linear equation for the salesperson’s monthly wage W in terms of monthly sales S .
Answer to Problem 94E
Explanation of Solution
Given:
Salesperson receives monthly salary of $5000 and a commission of 7% of sales
Concept Used:
Slope intercept form of equation of line is
Let W represent the monthly wage and S represent the monthly sales.
Now, the monthly wage will be the sum of the monthly salary and the commission from sales.
In slope intercept form, the commission of sale will represent the slope and the monthly salary will be the intercept. Thus, the equation for the salesperson’s monthly wage W is:
Conclusion:
The equation for the salesperson’s monthly wage W in terms of monthly sales S is
Chapter 1 Solutions
EBK PRECALCULUS W/LIMITS
- Calculus: Early TranscendentalsCalculusISBN:9781285741550Author:James StewartPublisher:Cengage LearningThomas' Calculus (14th Edition)CalculusISBN:9780134438986Author:Joel R. Hass, Christopher E. Heil, Maurice D. WeirPublisher:PEARSONCalculus: Early Transcendentals (3rd Edition)CalculusISBN:9780134763644Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric SchulzPublisher:PEARSON
- Calculus: Early TranscendentalsCalculusISBN:9781319050740Author:Jon Rogawski, Colin Adams, Robert FranzosaPublisher:W. H. FreemanCalculus: Early Transcendental FunctionsCalculusISBN:9781337552516Author:Ron Larson, Bruce H. EdwardsPublisher:Cengage Learning