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 $m = 300$
A) Sales decreasing 300 units/day
B) Sales increasing 300 units/day
C) No change in sales
D) None of the above

Question

Quizplus · Accepted Answer

The slope, which is the rate of change or the amount the dependent variable (revenues) changes for a one-unit increase in the independent variable (time), is positive at 300. This means that for every one-day increase in time, daily revenues will increase by 300 units.

The Slope of Line Representing Daily Revenues Y in Terms m=300m = 300m=300

The Slope of Line Representing Daily Revenues Y in Terms $m = 300$