What is the weekly revenue when weekly demand is 180? What is marginal weekly revenue when weekly demand is 222? What is the average weekly revenue per bag when the weekly demand is 148? Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows theprice-demand and total cost data, where:•p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of e sleeping bags,• Cis the total cost (in dollars) of producing z sleeping bags.(sleeping bags)($()000'14,30012023515518,5000000Price ModelFind a quadratic regression equation for the price-demand data, using e as the independent variable.Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places.RevenueModelUsing the regression model computed above, find a model for the weekly revernue, using z as theindependent variable.NOTE: Do not calculate another regression. Use the price equation to find a model for revenued = (x)R(x) = p.= (a + bx + ex')x = ax + bx? + crUse the weekly revenue model to estimate the weekly revenue when the weekly demand is 180.Round to the nearest dollar.Use the revenue model to estimate the marginal weekly revenue when the weekly demand is 222.Round to the nearest cent.per sleeping bag$.Use the revenue model to estimate the average weekly revenue per bag when the weekly demand is148. Round to the nearest cent.per sleeping bag$.bility: Investigate

Given: where p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of x…

Answered: Yaster Outfitters manufactures and…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter9: Systems Of Equations And Inequalities

Section9.7: The Inverse Of A Matrix

Problem 33E

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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 z sleeping bags; • Cis the total cost (in dollars) of producing z sleeping bags.