Question

The table below shows the profit based on price for an object sold by a company. A 2-column table with 6 rows. The first column is labeled price per unit (dollar sign) with entries 0, 10, 20, 30 ,40, 50. The second column is labeled profit (dollar sign) with entries negative 4,000; 12,500; 24,000; 32,500; 36,000; 35,500. Which statements are true? Check all that apply. The data is best represented by an exponential model. The data is best represented by a quadratic model. If the price is $5 per unit, the expected profit is approximately $4,686. If the price is $80 per unit, the expected profit is negative. As the price per unit increases, the profit increases indefinitely.

Answer 1

Answer:

B: The data is best represented by a quadratic model.

C: If the price is $5 per unit, the expected profit is approximately $4,686.

Step-by-step explanation:

On edge

Answer 2

The statements that are true:

B: The data is best represented by a quadratic model.

C: If the price is $5 per unit, the expected profit is approximately $4,686.

Information regarding the data:

• The data should be best presented via the quadractic model.
• In the case when the price should be $5 per unit so the profit should be $4,686.
• Therefore, these two options should be correct.

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