The Fresh Express Beverage Company Is Interested in Evaluating the Effects

question 8

Multiple Choice

The Fresh Express Beverage Company is interested in evaluating the effects of advertising spend on the sales of their products.Based on historical data,they develop the following equation which approximates this relationship: y = 2.5 + 0.02x,where y is the number of bottles of beverages sold measured in millions of units,and x = amount of money spent on advertising measured in millions of dollars.Based on this information,which of the following statements is correct?

• A)Every additional million dollars spent on advertising will increase the beverage sales by 200,000 units.
• B)The Company will sell a minimum of 2.5 million units even if no money is spent on advertising.
• C)Every additional 20,000 dollars spent on advertising will increase the beverage sales by a million units.
• D)The number of units of beverage sold will decrease beyond a certain amount of money spent on advertising.

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Definitions:

Suppression Networks

Circuits designed to reduce or eliminate electrical noise and interference, ensuring stable operation of electronic devices.

Output Modules

Components in automated systems that convert control signals into external actions like turning on a motor or activating a light.

Hardwired Electromechanical

Refers to devices directly connected and controlled via mechanical and electrical components without software intervention.

Master Control Relay

A main relay used in electrical or automation systems to control the operation of multiple circuits or systems.