Yaster Outtters manufactures and sells extreme-cold sleeping bags. The table below shows the pricedemand and total cost data, where: - p is the wholesale price [in dollars} of a sleeping bag for a weekl'lrr demand of a: sleeping bags; - C is the total cost [in dollars} of producing :13 sleeping bags. Prot Model Use the models computed to nd a model for the weeklv prot, using a: as the independent variable. P(:1:} = T + as: l 32:2 +t$3 NOTE: Do not calculate another regression. Use the fact that prot is revenue minus cost. Round 1' to the nearest integer, round 1:. to 1 decimal place, round 5 to 2 decimal places, and round If to 4 decimal places. Question 16 2 pts The graph 3; = r -l- on: + 52:2 l 33 has negative y- intercept. In the context of prot for Taster Outtters coming from sleeping bags, vvhat is the interpretation of this value? {3 When no sleeping bags are produced, Taster Outtters rnaI-res monevr on sleeping bags. {3 When a negative number of sleeping bags are produced, Taster Outtters makes rnone'vr on sleeping bags. {3 When no sleeping bags are produced, Taster Outtters loses monevr on sleeping bags. {3 When a negative number of sleeping bags are produced, Taster Outtters loses monev on sleeping bags. Question 17 2 pts The CEO of Yaster Outfitters want to drive up production levels of sleeping bags. Which of the following is an appropriate advice, given that the value t in the profit model is negative. O lim P(a) = co, so increasing production without bound will lead to higher and higher profits. O lim P(x) = -co, so increasing production without bound will T-100 lead to higher and higher losses. O lim P(a) = t is negative, so increasing production too much T-+00 will lead to a weekly loss of $t. O Yaster faces weekly losses regardless of production level, since t is negative