Jordan is working on a business model for a sandwich shop. Based on past data, he developed the model nˆ=150−3pn^=150−3p, where nˆn^ represents the predicted number of turkey sandwiches sold in one day for a price of pp dollars per sandwich. Which of the following is the best description of the slope of the model? A.) For each increase of $3 in the price of the sandwich, the number sold is predicted to decrease, on average, by 150. B.) For each increase of $3 in the price of the sandwich, the number sold is predicted to increase, on average, by 150. C.) For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 3. D.) For each increase of $1 in the price of the sandwich, the number sold is predicted to increase, on average, by 3. E.) For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 150.
Jordan is working on a business model for a sandwich shop. Based on past data, he developed the model nˆ=150−3pn^=150−3p, where nˆn^ represents the predicted number of turkey sandwiches sold in one day for a price of pp dollars per sandwich.
Which of the following is the best description of the slope of the model?
A.) For each increase of $3 in the price of the sandwich, the number sold is predicted to decrease, on average, by 150.
B.) For each increase of $3 in the price of the sandwich, the number sold is predicted to increase, on average, by 150.
C.) For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 3.
D.) For each increase of $1 in the price of the sandwich, the number sold is predicted to increase, on average, by 3.
E.) For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 150.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images