Precalculus (10th Edition)

Published by Pearson
ISBN 10: 0-32197-907-9
ISBN 13: 978-0-32197-907-0

Chapter 1 - Graphs - 1.3 Lines - 1.3 Assess Your Understanding - Page 32: 120

Answer

The linear equation which relates Dan’s weekly salary $S$ and the profit $x$ is: $S(x)=0.05x+375$

Work Step by Step

The linear cost equation is given by: Cost= Variable Cost + Fixed Cost Fixed Cost = $\$375$ Variable Cost = Profit per sale $\times $number of sales he generated. For each 1 dollar in sales, he earns 5 cents. This means: So, the variable cost =$\$0.05x$ The linear equation is given by $S(x)=0.05x+375$
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