STAT TECH IN BUSINESS & ECON LL\AC
18th Edition
ISBN: 9781264720545
Author: Lind
Publisher: MCG
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Question
Chapter 20, Problem 18CE
a.
To determine
Find the total number of cars needed in order to maximize profit.
b.
To determine
Obtain the
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. Kurt has saved $160 to buy a stereo system that costs $400 including taxes. If he earns $8 an hour after all payroll deductions have been made, how many hours will he have to work in order to have exactly enough money to buy the stereo system?
Thomas works as an auto mechanic and earns the following commission rates: 3% for oil changes, 5% for tune-ups, and 6.25% on auto parts sales. He is guaranteed a minimum salary of $2,450 per month OR his commission pay if that is of greater value. Last month he brought in $3,500 in oil changes, $7,500 in tune-ups, and sold $32,200 in parts. What is his gross pay for the month?
$2,112.50 $2,450.00 $2,492.50 $5,016.50
Chapter 20 Solutions
STAT TECH IN BUSINESS & ECON LL\AC
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