Eric's Earnings: $y=10x+50$
Eric's Earnings:
Let's dive into the world of weekly earnings and commissions, specifically looking at Eric's situation. Eric's weekly earnings are modeled by the equation . This equation tells us a few important things. The variable '' represents the total amount of money Eric earns in a week. The variable '' represents the number of items that Eric sells in that week. The number '50' in the equation is his fixed weekly salary, meaning no matter how many items he sells, he is guaranteed to earn at least $50. This is his base pay, the foundation of his weekly income. The number '10' is his commission rate per item. This means for every single item Eric sells, he earns an additional $10 on top of his base salary. So, if Eric sells 0 items, he earns . If he sells 1 item, he earns . If he sells 10 items, he earns . It's a straightforward linear relationship, where his total earnings increase directly with the number of items sold. Understanding this equation is key to comparing his earnings with others, like Bailey, who has a slightly different earning structure.
Now, let's consider Bailey. We are told that Bailey earns a greater weekly salary than Eric. This is a crucial piece of information. If Eric's fixed weekly salary is $50, then Bailey's fixed weekly salary must be more than $50. Let's say Bailey's weekly salary is . Then, . Bailey also has the same commission rate as Eric. Eric's commission rate is $10 per item. Therefore, Bailey also earns x