Explanation Given: If the company spends $ 40,000 on advertising, then 100,000 boxes will be sold and if it spends $ 60,000 , then 200,000 boxes will be sold. Formula used: Slope of the line = y 2 − y 1 x 2 − x 1 ( y − y ₁ ) = m ( x − x ₁ ) Calculation: Let the number of boxes sold = x Let the expenditure on advertisement = y dollars Slope of the line can be found using ( x ₁ , y ₁ ) = ( 100 , 000 , 40 , 000 ) and ( x ₂ , y ₂ ) = ( 200 , 000 , 60 , 000 ) = 60 , 000 − 40 , 000 200 , 000 − 100 , 000 m = 20 , 000 100 , 000 = 1 5 Now the equation can be found using the slope m and ( x ₁ , y ₁ ) = ( 100 , 000 , 40 , 000 ) ( y − y ₁ ) = m ( x − x ₁ ) ( y

11th Edition

ISBN: 9780135228982

Author: Sullivan

Publisher: PEARSON

See similar textbooks

Concept explainers

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experime…

Videos

Question

Chapter 1.3, Problem 133AYU

To determine

To find:

1. The linear equation that relates the amount $‘A’$ spent on advertising to the number $‘X’$ of cereal boxes the company aims to sell.

2. The expenditure needed on advertisement, to sell 300,000 boxes of cereals.

3. Whether the intercepts have any meaningful interpretation.

4. To interpret the slope.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Chapter 1.3, Problem 132AYU

Chapter 1.3, Problem 134AYU

Chapter 1 Solutions

EBK PRECALCULUS

Ch. 1.1 - 1. On a real number line the origin is assigned...Ch. 1.1 - 2. If 3 and 5 are the coordinates of two points on...Ch. 1.1 - 3. If 3 and 4 are the legs of a right triangle,...Ch. 1.1 - 4. Use the converse of the Pythagorean Theorem to...Ch. 1.1 - 5. The area of a triangle whose base is b and...Ch. 1.1 - 6. True or False Two triangles are congruent if...Ch. 1.1 - 7. If ( x,y ) are the coordinates of a point P in...Ch. 1.1 - 8. The coordinate axes divide the xy-plane into...Ch. 1.1 - 9. If three distinct points P , Q and R all lie on...Ch. 1.1 - 10. True or False The distance between two points...

Additional Math Textbook Solutions

Find more solutions based on key concepts

The intercepts of the equation 9 x 2 +4y=36 are ______. (pp.18-19)

Precalculus Enhanced with Graphing Utilities (7th Edition)

The present value P0 of amount $1,000,000 invested for 25 years at interest rate 6% compounded continuously.

Calculus and Its Applications (11th Edition)

The mean absolute deviation of the given information and also describes its representation.

Glencoe Math Accelerated, Student Edition

Fish Population with Harvesting The fish population in a pond with carrying capacity 1000 is modeled by the log...

Calculus & Its Applications (14th Edition)

Use the Substitution Formula in Theorem 7 to evaluate the integrals in Exercises 1–48. 1.

Thomas' Calculus: Early Transcendentals (14th Edition)

Finding Cartesian from Parametric Equations Exercises 1–18 give parametric equations and parameter intervals fo...

University Calculus: Early Transcendentals (4th Edition)

Knowledge Booster

$Calculus$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.