Answer:
The booster’s share is $525 if the total gross receipts were $700.
Step-by-step explanation:
Consider the provided equation.
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.
Hence, the booster’s share is $525 if the total gross receipts were $700.