Question

A company’s profits (P) are related to the number of items produced (x) by a linear equation. If profit rise by $1,000 for every 250 items produced, what is the slope of the graph of the equation?

Answer 1

4

Explanation:

Since the profit raises by 1000 every 250 tems produced, divide 1000 by 250 and you will get your answer 4

Answer 2

The required slope is 4.

Explanation:

P = kx where k is a constant and is the slope of the graph of the equation.

When x = 250, P = 1000 so

1000 = k * 250

k = 1000/250

= 4.