Respuesta :
booster's share =y =0.75x
gross receipts=x=700
plug x=700 in y=0.75x
y=0.75*700
y=525
gross receipts=x=700
plug x=700 in y=0.75x
y=0.75*700
y=525
Answer:
The booster’s share is $525 if the total gross receipts were $700.
Step-by-step explanation:
Consider the provided equation.
[tex]y=0.75x [/tex]
Where x representing the gross receipts and y representing the booster’s share.
We need to find the booster’s share if the total gross receipts were $700.
The graph of the provided equation is shown in figure 1.
From the graph it can be concluded that at x = 700 the value of y = 525
Thus, if the total gross receipts were $700 then the booster’s share is $525.
We can verify this by substituting the value of x = 700 in the provided equation.
[tex]y=0.75(700) [/tex]
[tex]y=525[/tex]
Hence, the booster’s share is $525 if the total gross receipts were $700.