Problem

Product Promotion A cereal company finds that the number of people who will buy one of its...

Product Promotion A cereal company finds that the number of people who will buy one of its products in the first month that it is introduced is linearly related to the amount of money it spends on advertising. If it spends $40,000 on advertising, then 100,000 boxes of cereal will be sold, and if it spends $60,000, then 200,000 boxes will be sold.

(a) Write a linear equation that relates the amount Aspent on advertising to the number xof boxes the company aims to sell.


(b) How much advertising is needed to sell 300,000 boxes of cereal?


(c) Interpret the slope.

Step-by-Step Solution

Request Professional Solution

Request Solution!

We need at least 10 more requests to produce the solution.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the solution will be notified once they are available.
Add your Solution
Textbook Solutions and Answers Search