SOLUTION: sales employees at a furniture store are offered this as their wages;
a salary of $1000 per month plus a commission of 5% of their total sales.
so my question is which would be
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-> SOLUTION: sales employees at a furniture store are offered this as their wages;
a salary of $1000 per month plus a commission of 5% of their total sales.
so my question is which would be
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Question 844288: sales employees at a furniture store are offered this as their wages;
a salary of $1000 per month plus a commission of 5% of their total sales.
so my question is which would be considered the slope? and which is the y-intercept?
You can put this solution on YOUR website! sales employees at a furniture store are offered this as their wages;
a salary of $1000 per month plus a commission of 5% of their total sales.
so my question is which would be considered the slope? and which is the y-intercept?
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$1000 is a constant amount the employee receives.
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0.05s is variable depending on the $-amount of the employee's sales.
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Slope is always the amount the dependent variable (earnings)
increases with each increase of "1" in the independent variable (sales).
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slope = change in salary/change in sales = ($0.05)/1 = 0.05
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Cheers,
Stan H.
You can put this solution on YOUR website! It is assumed to be a linear equation
so, it will have the form:
where = monthly wages and = monthly sales
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If there are no monthly sales, then , and
This is the y-intercept where employee just gets
straight salary of , so and is the y-intercept
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The slope is the commission of 5%, so
The equation is:
Here's the plot:
Both axes are scaled down to thousands of dollars
(