Generally, the price of an item is a good indicator of how many units of that item will be sold. The lower the price, the more units will be sold. A marketing department develops a table showing various price points and the projected number of units sold at that price point. Which of the following represents the linear relationship shown in the table, where x is the price and y is the number of units sold?
A. y = 0.03x + 150,000
B. y = 300,000x + 75,000
C. y = -300,000x + 90,000
D. y = -300,000x + 210,000
Answer:D
Generally, the price of an item is a good indicator of how many units of that item will be sold. The lower the price, the more units will be sold. A marketing department develops a table showing various price points and the projected number of units sold at that price point. Which of the following represents the linear relationship shown in the table, where x is the price and y is the number of units sold?
A. y = 0.03x + 150,000 B. y = 300,000x + 75,000 C. y = -300,000x + 90,000 D. y = -300,000x + 210,000
Explanation: D