Third federal bank is in a national search for a new director of human resources. the recruiting budget is $30,000. so far, the bank has spent $8,600 on advertising and $7,650 on interviewing. the bank is willing to pay a 5.5% commission to a broker for selling the new director's home. what is the maximum selling price on which the bank would pay 5.5% commission and stay within its budget? express your answer in dollars and cents.

answer: the price of one pound cabbage = $ 0.8

the point (10,8) represents that the cost of 10 pounds cabbage is $ 8

step-by-step explanation:

since, here is a proportional relation between the number of pounds of cabbage (x) and the price in dollars (y).

therefore, we can write,

⇒ y = k x

where k is the constant of proportionality.

now, point (5,4) is in the line.

thus, it will satisfies the above equation of line.

⇒ 4 = 5 k

⇒ k = 0.8

thus, the equation of the line is,

y = 0.8 x

a) for x = 1,

y = 0.8

therefore, the cost of one pound of cabbage is 0.8 dollars.

b) in the below graph (10,8) represents that the cost of 10 pounds of cabbage is 8 dollars.