Answer:
8 home theaters are sold for each $ 500 spent on advertising
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Advertising ($) 1,000 - $ 2,000 - $ 3,000
Home Theaters 16 - 32 - 48
2. How many home theaters does the company sell for each $500 spent on advertising?
As we can see in the graph:
16 home theaters are sold when the amount on advertising is $ 1,000
32 home theaters are sold when the amount on advertising is $ 2,000
48 home theaters are sold when the amount on advertising is $ 3,000
Therefore, we can use this ratio:
x = Number of home theaters that are sold when the amount on advertising is $ 500
16/1,000 = x/500
1,000x = 500 *16
1,000x = 8,000
x = 8,000/1,000
x = 8
