Answer:
a) 50,000 + 2x > 70,000
Step-by-step explanation:
Mrs. Lobo has an annual salary of $50000 per year plus 4% commission on her sales.
If she makes $y commission from sales, Mrs Lobo total income per year is:
$50000 + $y.
She makes 4% commission on her sales of share with the average price of a share = $50
Average commission from sales = 4% × $50 = 0.04 × 50 = $2
If she sales x shares in a year, her commission would be $2x for the year. Therefore her total income for that year would be:
50000 + 2x
The amount of shares Mrs Lobbo must sell to make an annual income of at
least $70,000 is given by the inequality:
50,000 + 2x > 70,000
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