$1000 on advertising, it will increases the number of units it sells by 10 . B. If the company increases the amount of money it spends on advertising by $100, it will double the number of units it sells. C. In order to sell one more unit, the company would need to increase the amount it spends on advertising by $100 . D. If the company spends an additional $0.01 on advertising, it will sell one more additional unit.
A company finds that there is a linear relationship between the amount of money that it spends on advertising and the number of units it sells. If it spends no money on advertising it sells 100 units. For each additional $2000 spent, an additional 20 units are sold.
d) How much advertising money must be spent to sell 700 units? (do not include any commas in your answer)
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e) Which of the following statements CORRECTLY explains the meaning of the slope? (select all as there may be more than one correct statment)
A. If the company spends an additional $1000 on advertising, it will increases the number of units it sells by 10 .
B. If the company increases the amount of money it spends on advertising by $100, it will double the number of units it sells.
C. In order to sell one more unit, the company would need to increase the amount it spends on advertising by $100 .
D. If the company spends an additional $0.01 on advertising, it will sell one more additional unit.
E. None of the above
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