Question

Jordan is working on a business model for a sandwich shop. Based on past data, he developed the model nˆ=150−3p, where nˆ represents the predicted number of turkey sandwiches sold in one day for a price of p dollars per sandwich.
Which of the following is the best description of the slope of the model?
A. For each increase of $3 in the price of the sandwich, the number sold is predicted to decrease, on average, by 150.

B. For each increase of $3 in the price of the sandwich, the number sold is predicted to increase, on average, by 150.

C. For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 3.

D. For each increase of $1 in the price of the sandwich, the number sold is predicted to increase, on average, by 3.

E. For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 150.

Answer 1

C. For each increase of $1 in the price of the sandwich, the number sold is predicted to decrease, on average, by 3.

Explanation:

The model is given as n= 150-3p

This means the slope is -3 and the starting number of turkey sandwiches is 150. For an increase in price p per sandwich, the number of turkey sandwiches sold is expected to decrease. For example, when

p($)             n        

1                 147        

2                144          

3                 141          

This is evident that   with increase in $1 in the price of the sandwich, the number sold is predicted to decrease on average by 3

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Meaning of the slope in a linear model:brainly.com/question/12532099

Keywords :business model,sandwich,data, model,turkey,price

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