Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Complete All Parts of This Question: SeaCentral Industries in Oklahoma City is producing hats (Patent #25P89-2379). The profit earned is linearly related to the

image text in transcribed

Complete All Parts of This Question: SeaCentral Industries in Oklahoma City is producing hats (Patent #25P89-2379). The profit earned is linearly related to the number of items the company sells. Profit, P(x), is a function of the number of items sold, z. If the company sells 3000 items, its profit is $14,000. If the company sells 4000 items, its profit is $19,600. A) Use algebra to find the function P(). [Round the slope to the nearest tenth. To meet standards use correct function notation and show all work/steps/logic.] B) Use your function to determine the profit if the company sells 5420 items. [To meet standards show all work/steps/logic and express your final answer in a complete sentence ]. C) If the company wants profits of at least $11480, how many items must it sell? [To meet standards show all work/steps/logic and express your final answer in a complete sentence] *Your work must be HAND written neatly unless you have confirmed with the instructor that you can submit typed responses.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management

Authors: Chuck Williams

4th Edition

978-0324316797, 0324316798

More Books

Students also viewed these General Management questions

Question

Identify potential fraud schemes related to long-lived assets.

Answered: 1 week ago