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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
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 18 2 pts Since the profit model is a cubic polynomial, the marginal profit is a [ Select ] . The graph of [ Select ] marginal linear polynomial logarithm quadratic polynomial cubic polynomial exponential functionQuestion 18 Since the prot model is a cubic polynomial, the marginal prot is a l l 53'3\"] V l . The graph of marginal prot is [Elect] V . a straight line with negative slope a parabola opening upward a parabola opening downward a straight line with positive slope uestlon 1 2 pts What is 1'? Round to the nearest integer. Question 20 2 pts What is 11.? Round to 1 decimal place. Question 21 2 pts What is 3? Round to 2 decimal places. Question 22 2 pts What is t? Round to 4 decimal places. Question 23 3 pts Use the weekly prot model to estimate the total weekly prot when the weekly production is 120. Round to the nearest dollar. $
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