Chapter 3.1, Problem 44AYU

Competitive balance Tax Under the $2017-2021$ labour agreement between Major League Baseball and the players, any team whose payroll exceeded $\$195$ million in $2017$ had to pay a competitive balance tax of $50\%$. The linear function $T(p)=0.50(p-195)$ describes the competitive balance tax $T$ for a team whose payroll was $p$(in millions of dollars).

Source: Major League Baseball

What is the domain of this linear function?

What was the competitive balance tax for the New York Yankees, whose $2017$ payroll was $\$209.3$ million?

Graph the linear function.

What was the $2017$ payroll for the Los Angeles Dodgers who paid a competitive balance tax of $\$24.5$ million?