SOLUTION: A company's profits P are related to the number of items produced x by a linear equation, what is the slope of the graph of the equation if the profits rise by $30,000 for 150 item
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Question 27045: A company's profits P are related to the number of items produced x by a linear equation, what is the slope of the graph of the equation if the profits rise by $30,000 for 150 items produced?
Answer by mbarugel(146) (Show Source): You can put this solution on YOUR website!
In a linear relationship, the slope is determined by:
(Change in y)/(Change in x)
Here y is the company's profits and x is the number of items. We're told that y rises by 30,000 when x rises by 150. Therefore, the slope is:
(+30000)/(+150) = 200
Thus the slope is 200
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