Answer:
A. P = n × $105 - $5,250
B. Please find attached the required graph
The domain for the range ($30,000 to $4,000) = 25 < n < 189
C. The profit from selling 43 backpacks = -$735
Step-by-step explanation:
A. The given parameters are;
The setup cost = $5,250
The assembly cost = $54/backpack
The revenue = $159/backpack
Let n represent the number of backpack produced
Therefore, we have;
Profit, P = $ 159 × n - $54 × n - $5,250
P = n × ($ 159 - $54) - $5,250 = n × $105 - $5,250
P = n × $105 - $5,250
B. Please fins attached the graph of the profit function, created with Microsoft Excel
The domain for a range of revenue of $30,000 to $4,000 is given as follows;
The domain for the range ($30,000 to $4,000) = 25 < n < 189
C. The amount of profit from selling 43 bags = P(43) = 43 × $105 - $5,250 = -$735