The following is the slope of line representing daily revenue y in term of time x in day.Use the slope to interpret any change in daily revenues for a one-day increase in time.
The line has a slope of m = 500.

A)Revenues increasing 500 units/day
B)No change in revenues
C)Revenues decreasing 500 units/day
D)None of the above

Question

The following is the slope of line representing daily revenue y in term of time x in day.Use the slope to interpret any change in daily revenues for a one-day increase in time. ​
The line has a slope of m = 500.
​
A)Revenues increasing 500 units/day
B)No change in revenues
C)Revenues decreasing 500 units/day
D)None of the above

Quizplus · Accepted Answer

Since the slope is positive and equal to 500, it means that for each additional day, the daily revenue increases by 500 units. This indicates a positive relationship between time and revenue, where an increase in time is associated with an increase in revenue. Therefore, the correct choice is A, where revenues are increasing by 500 units/day with each one-day increase in time.

The Following Is the Slope of Line Representing Daily Revenue