Based on the Graph, Find the Range of Y = $\$ 1200$

question 216

Multiple Choice

Based on the graph, find the range of y = f(x) .
-A salesperson gets a commission of $\$ 1200$ for the first $\$ 10,000$ of sales, and then $\$ 600$ for each additional $\$ 10,000$ or partial of sales. Let $S ( x )$ represent the commission on $x$ dollars of sales. Find the value of $S ( 45,000 )$ .

• A) \(\$ 3600\)
• B) \(\$ 3300\)
• C) 3900
• D) \(\$ 2700\)

Understand the principles of free trade and its implications on global economic policies.

Analyze the role of technology in globalization and multinational operations.

Understand the impact of globalization on developed and developing markets.

Analyze the influence of global organizations on political, economic, and social policies.

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Definitions:

Marginal Cost

The extra expense associated with manufacturing an additional unit of a product or service.

Maximum Willingness

Describes the highest amount a consumer is willing to pay for a good or service, reflecting the maximum value they derive from it.

Producer Surplus

The discrepancy between the acceptable payment to producers for a good or service and the real compensation they receive.

Consumer Surplus

The variance between the sum consumers are ready and able to spend on a good or service and what they really pay.