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valina
24 days ago
14

________________ products are customized and adapted to the culture, tastes and social trends of a country.

Business
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A store sells 20 ice cream bars per hour for $4 each, but on discount days, it sells 35 ice cream bars per hour for $3. Based on
soldi70 [3635]

Answer:

The slope representing the correlation between ice cream price and the sales quantity is -1/15

Explanation:

To find the slope of the price and quantity of ice cream sold, the following calculation is needed:

Slope= change in yaxis( vertical)/change in xaxis(horizontal)

Slope= change in price/change in quantity demanded

Slope=P2-P1/Q2-Q1

Slope=3-4/35-20

Slope=-1/15

The slope representing the correlation between ice cream price and sales quantity is -1/15

6 0
3 months ago
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