An independent record label sells mp3s of its songs online. They have been experimenting with different prices for downloading each song. Based on their data, the linear equation that models the average sales (in units) for each price (in cents) is sales=510,198-410.2 price, Which sentence accurately describes the slope of this equation? 00000 Sales are predicted to go as low as $509,788. An increase in prices of 1 cent predicts approximately 410 sales Approximately 510,200 customers will pay any price for a download. Sales decrease by approximately 410 for each 1 cent increase in price. Lowering prices by about 41 cents increases sales by about 510,200 Previous Next
An independent record label sells mp3s of its songs online. They have been experimenting with different prices for downloading each song. Based on their data, the linear equation that models the average sales (in units) for each price (in cents) is sales=510,198-410.2 price, Which sentence accurately describes the slope of this equation? 00000 Sales are predicted to go as low as $509,788. An increase in prices of 1 cent predicts approximately 410 sales Approximately 510,200 customers will pay any price for a download. Sales decrease by approximately 410 for each 1 cent increase in price. Lowering prices by about 41 cents increases sales by about 510,200 Previous Next
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:An independent record label sells mp3s of its songs online. They have been experimenting with different prices for downloading each song. Based on their
slope of this equation?
data, the linear equation that models the average sales (in units) for each price (in cents) is sales = 510,198-410.2 price, Which sentence accurately describes the
Sales are predicted to go as low as $509,788.
An increase in prices of 1 cent predicts approximately 410 sales
Approximately 510,200 customers will pay any price for a download.
Sales decrease by approximately 410 for each 1 cent increase in price.
Lowering prices by about 41 cents increases sales by about 510,200
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