Answer:
Each unit cost $800
Step-by-step explanation:
Annual compensation = $48,000
Annual number of units sold = 2000
Commission on each item sold = 3%
Compensation for 2000 units = $48,000
Compensation for 1 unit = $48,000/2000 = $24
Cost of one unit = compensation for one unit ÷ commission on one unit = $24 ÷ 3% = $24 ÷ 0.03 = $800
Gradient (slope) = y step/X step
-5/-1
=5
Step-by-step explanation:
the second one as the -2x-3 is only on the second one
