Tuesday, August 27, 2013

6.3 Production Pay Solution Set

Remember that Example 5, referenced in #25 had a piecewise function of: c(x) = 0.20x when x is less than or equal to $750 c(x) = 0.22x when x is greater than $750 but less than or equal to $1,000 c(x) = 0.25x when x is greater than $1,000 where x= $profit and c(x) = commission This example can be seen in the flipchart posted below "6.3"

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