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D Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: p is the wholesale price

D Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; C is the total cost (in dollars) of producing a sleeping bags. (sleeping bags) 95 120 180 220 p ($) 240 235 155 50 C ($) 13,000 14,300 18,500 21,000+ Use this data to create regression models to answer all of the questions below. Price Model Find a quadratic regression equation for the price-demand data, using a as the independent variable. p = a + bx + cx Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Use this price model to answer question 1-2 below. Use the price model above to answer this question. Estimate the price per sleeping bag when the weekly demand is 117. Round to the nearest cent. per sleeping bag D Question 2 2 pts Use the price model above to answer this question. The graph y=a+ bx + ca has y intercept a. In the context of price-demand for sleeping bags, what is the interpretation of this value? The break-even point is a sleeping bags per week. The break-even point is $a per sleeping bag. When the price is $a per sleeping bag, there is no demand for sleeping bags. When the price is $a per sleeping bag, there is a weekly demand of a sleeping bags. The equilibrium quantity is a sleeping bags per week. When the sleeping bags are free (price $0), there is a weekly demand of a sleeping bags. The equilibrium price is $a per sleeping bag

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