The slope of line representing daily revenues y in terms of time x in years. Use the slopes to interpret any change in daily revenues for a one-day increase in time. The line has a slope of $m = 600$
A) Sales decreasing 600 units/day
B) No change in sales
C) Sales increasing 600 units/day
D) None of the above

Question

Quizplus · Accepted Answer

The slope of the line represents the rate of change of daily revenues with respect to time (in years). A positive slope indicates an increase in daily revenues as time (in years) increases. A slope of 600 means that for every one unit increase in time (in years), daily revenues increase by 600 units. Therefore, the correct interpretation is that sales are increasing by 600 units/day for a one-day increase in time.

The Slope of Line Representing Daily Revenues Y in Terms m=600m = 600m=600

The Slope of Line Representing Daily Revenues Y in Terms $m = 600$