The weekly profit P for a widget producer is a function of the number n of widgets sold. The formula is as follows, where Pis measured in thousands of dollars, n is measured in thousands of widgets, and the formula is valid up to a level of 10 thousand widgets sold. P= -3 + 2.4n - 0.2n (a) Make a graph of P versus n. 15 10 5 4 8 10 2 4 8 10 15 10 4 8 10 -2 8 10 (b) Calculate P(0). P(0) -s thousand Explain in practical terms what your answer means. O The company will lose profit in week 0. O The company will lose profit if they produce 0 widgets. O The company will gain profit in week 0. O The company vwill gain profit if they produce O widgets. (c) At what sales level is the profit as large as possible? (Use the graph to find the value. Round your answer to the nearest whole number.) | thousand widgets

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Please answer parts (a), (b) and (c).

The weekly profit P for a widget producer is a function of the number n of widgets sold. The formula is as follows, where Pis measured in thousands of dollars, n is measured in thousands of widgets, and the formula is valid up to a level of 10 thousand widgets sold.
P = -3 + 2.4n - 0.2n
(a) Make a graph of P versus n.
15
4
10
2
2
4
6
8
10
8
10
-2
15
10
2
4
8
10
-2
2
4
6
8
10
(b) Calculate P(0).
P(0) = $
thousand
Explain in practical terms what your answer means.
O The company will lose profit in week
O The company will lose profit if they produce 0 widgets.
O The company will gain profit in week o.
O The company will gain profit if they produce O widgets.
(c) At what sales level is the profit as large as possible? (Use the graph to find the value. Round your answer to the nearest whole number.)
n =
| thousand widgets
Transcribed Image Text:The weekly profit P for a widget producer is a function of the number n of widgets sold. The formula is as follows, where Pis measured in thousands of dollars, n is measured in thousands of widgets, and the formula is valid up to a level of 10 thousand widgets sold. P = -3 + 2.4n - 0.2n (a) Make a graph of P versus n. 15 4 10 2 2 4 6 8 10 8 10 -2 15 10 2 4 8 10 -2 2 4 6 8 10 (b) Calculate P(0). P(0) = $ thousand Explain in practical terms what your answer means. O The company will lose profit in week O The company will lose profit if they produce 0 widgets. O The company will gain profit in week o. O The company will gain profit if they produce O widgets. (c) At what sales level is the profit as large as possible? (Use the graph to find the value. Round your answer to the nearest whole number.) n = | thousand widgets
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