Tracy Works from Home Entering Data into the Computer

question 45

Essay

Tracy works from home entering data into the computer. She is paid $2.75 for each page she enters. In the past two weeks she has entered the following number of pages: 135, 187, 110, 213, and 161. What are her gross earnings?

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Definitions:

Total Revenue

The total amount of money generated from the sale of goods or services by a company before any expenses are subtracted.

Interest-Rate Cost-Of-Funds

The rate of interest a financial institution pays to borrow funds or the cost of obtaining funds through borrowing or issuing debt.

Marginal Benefit

The additional benefit received from consuming or producing one more unit of a good or service.

Perfectly Elastic

A market scenario where the demand or supply responds infinitely to any change in price.