*The y-axis is revenue in millions and the x-axis is units sold.%0D%0A%0D%0AAn equation for the line of best fit of the graph below could be: y=14x+3%0D%0A%0D%0A=%0D%0A1%0D%0A4%0D%0A%0D%0A+%0D%0A3%0D%0A%0D%0A%0D%0A(2 points)%0D%0APut responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.%0D%0A1) What does the slope of 14%0D%0A1%0D%0A4%0D%0A mean in context? Response area%0D%0A%0D%0A2) What does the y-intercept (0, 3) mean in context? Response area%0D%0A%0D%0AThere is an increase of 1 million in revenue for every 4 units sold.When 0 units are sold, the revenue is 3 million.When 3 units are sold, the revenue is 0 million.There is an increase of 4 million in revenue for every 1 unit sold.

Question

*The y-axis is revenue in millions and the x-axis is units sold.%0D%0A%0D%0AAn equation for the line of best fit of the graph below could be: y=14x+3%0D%0A%0D%0A=%0D%0A1%0D%0A4%0D%0A%0D%0A+%0D%0A3%0D%0A%0D%0A%0D%0A(2 points)%0D%0APut responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.%0D%0A1) What does the slope of 14%0D%0A1%0D%0A4%0D%0A mean in context? Response area%0D%0A%0D%0A2) What does the y-intercept (0, 3) mean in context? Response area%0D%0A%0D%0AThere is an increase of 1 million in revenue for every 4 units sold.When 0 units are sold, the revenue is 3 million.When 3 units are sold, the revenue is 0 million.There is an increase of 4 million in revenue for every 1 unit sold.

Answer 1

1) The slope of 14 means that for every increase of 1 unit sold, the revenue will increase by 14 million.

2) The y-intercept (0, 3) means that when 0 units are sold, the revenue is 3 million. This represents the fixed revenue that the company generates regardless of the number of units sold.

Answer 2

u are so wrong choose from

there is an increase of 1 million in revenue for every 4 units sold.

when 0 units are sold, the revenue is 3 million

when 3 units are sold, the revenue is 0 million

there is an increase of 4 million in revenue for every 1 unit sold

Answer 3

Apologies for the confusion. The correct answers are:

1) The slope of 14 means that there is an increase of 1 million in revenue for every 4 units sold.

2) The y-intercept (0, 3) means that when 0 units are sold, the revenue is 3 million.

Answer 4

1) The slope of 14 in the equation y = 14x + 3 means that for every increase of 1 unit on the x-axis (units sold), the y-axis (revenue) will increase by 14 million. In other words, it indicates the rate of change in revenue with respect to the number of units sold. So, if the graph represents a business's sales, it suggests that for each additional unit sold, the revenue will increase by 14 million.

2) The y-intercept of (0, 3) in the equation y = 14x + 3 represents the revenue when no units are sold. In this case, it indicates that when 0 units are sold, the company still generates 3 million in revenue. This can be seen as the fixed revenue or baseline income that the company receives regardless of its sales. It could be due to other sources of income, such as investments or subscriptions, that contribute to the revenue even when no units are sold.

So, in summary:
- The slope of 14 represents the additional revenue generated for each unit sold.
- The y-intercept at (0, 3) represents the baseline revenue when no units are sold.