Annual sales are affected by the sales of related products

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Brand Z's annual sales are affected by the sales of related products X and Y as follows: Each $1 million increase in sales of brand X causes a $2.3 million decline in sales of brand Z, whereas each $1 million increase in sales of brand Y results in an increase of $0.3 million in sales of brand Z. Currently, brands X, Y, and Z are each selling $6 million per year. Model the sales of brand Z using a linear function. (Let z = annual sales of Z (in millions of dollars), x = annual sales of X (in millions of dollars), and y = annual sales of Y (in millions of dollars).

Reference no: EM131815682

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