Final Answer:
The equation
represents a linear relationship where the profit
in dollars is directly proportional to the number of coats sold
, with a constant rate of
dollars per coat.
Step-by-step explanation:
The equation is in the form
, where
is the slope of the line. In this case, the slope
is
indicating that for every additional coat sold
, the profit
increases by
dollars. The y-intercept is
(when
, meaning that if no coats are sold, the profit is zero.
To graph the equation, we can choose several values for \(x\), plug them into the equation, and find the corresponding \(y\) values. For example:
When

When

When

Plotting these points on a coordinate system and connecting them will yield a straight line passing through the origin (0,0) with a slope of
This line represents the relationship between the number of coats sold and the corresponding profit.
In summary, the linear equation
and its graph provide a clear and intuitive representation of the business's profit as it increases at a constant rate for each additional coat sold.