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In the following equation = 45,000 + 2x with given sales ( in dollars) and marketing (x in $500), what does the equation imply? Multiple
In the following equation = 45,000 + 2x with given sales ( in dollars) and marketing (x in $500), what does the equation imply? Multiple Choice
- An increase of two units in marketing is associated with an increase of $46,000 in sales.
- An increase of one unit in marketing is associated with an increase of $1,000 in sales.
- An increase of two units in marketing is associated with an increase of $1,000 in sales.
- An increase of one unit in marketing is associated with an increase of $46,000 in sales.
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