A small business is considering hiring a new sales representative (sales rep) to market its product in a nearby city. Two pay scales are under consideration. Pay scale 1: Pay the sales rep a base...


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A small business is considering hiring a new sales representative (sales rep) to market its product in a nearby city. Two pay scales are under consideration.<br>Pay scale 1: Pay the sales rep a base yearly salary of $17,000 plus a commission of 7% of total yearly sales.<br>Pay scale 2: Pay the sales rep a base yearly salary of $20,000 plus a commission of 5% of total yearly sales.<br>(a) For each of the pay scales above, use a formula to express the total yearly earnings for the sales rep as a function of total yearly sales s. (Give percents in<br>decimal form.)<br>pay scale 1 T, (s) =<br>pay scale 2 T;(5) =<br>(b) What amount of total yearly sales would result in the same total yearly earnings for the sales rep no matter which of the two pay scales is used?<br>

Extracted text: A small business is considering hiring a new sales representative (sales rep) to market its product in a nearby city. Two pay scales are under consideration. Pay scale 1: Pay the sales rep a base yearly salary of $17,000 plus a commission of 7% of total yearly sales. Pay scale 2: Pay the sales rep a base yearly salary of $20,000 plus a commission of 5% of total yearly sales. (a) For each of the pay scales above, use a formula to express the total yearly earnings for the sales rep as a function of total yearly sales s. (Give percents in decimal form.) pay scale 1 T, (s) = pay scale 2 T;(5) = (b) What amount of total yearly sales would result in the same total yearly earnings for the sales rep no matter which of the two pay scales is used?

Jun 04, 2022
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