In the Following Equation $\hat{y}$ = 30,000 + 4x with Given Sales (Y in $500)

Multiple Choice

In the following equation $\hat{y}$ = 30,000 + 4x with given sales (y in $500) and marketing (x in dollars) , what does the equation imply?

A) An increase of $1 in marketing is associated with an increase of $32,000 in sales.
B) An increase of $1 in marketing is associated with an increase of $2,000 in sales.
C) An increase of $4 in marketing is associated with an increase of $2,000 in sales.
D) An increase of $4 in marketing is associated with an increase of $32,000 in sales.