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A newspaper started an online version of its paper 14 years ago. In a recent presentation to stockholders, the lead marketing executive states that the revenues for online ads have more than doubled that of the revenues for printed ads since starting the online version of the paper. Use the graph below to justify the lead executive’s statement and to determine the approximate year that the two ad revenues were equal.

Sagot :

The approximate year at which two revenues were equal is; 7.5 years

How to interpret Revenue Graphs?

From the graph attached, we see that in the year 10, the revenue for printed ads was 2 million dollars & 3 million dollars for printed ads and online ads revenue respectively.

Thus, printed ad. Revenue line equation is;

(y - 2) = (3 - 2)(x - 10)/(0 - 10)

y - 2 = (x - 10)/-10

x - 10 = -10(y - 2)

x - 10 = -10y + 20

x - 10 = -10y + 20

x  + 10y = 30   -----(1)

At x = 12 years from the graph, we have;

12 + 10y = 30

10y = 18

y = 1.8

Thus, online ad. Revenue line equation is;

(y - 0) = ((3 - 0)/(10 - 0))(x - 0)

y = 3x/10

10y = 3x

10y - 3x = 0 -----(2)

At x = 12, we have;

10y = 3*12

10y = 36

y = 3.6

In year '12' the online ad revenue got doubled as that of printed ad revenue and afterward more than doubled.

B) The approximate year at which two revenues were equal is gotten by solving equation 1 and 2 simultaneously to get;

x = 7.5

Read more about Revenue Graphs at; https://brainly.com/question/4205637

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