Question

What does the slope 1/4 mean in context?

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

b.There is an increase of 4 million in revenue for every 1 unit sold

Answer 1

[AI-generated answer — Bot GPT 3.5]

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