Answer:
Step-by-step explanation:
The modelled equation, P = 20n - 1200 is written in the slope intercept form. The slope of the line is 20. The line cuts the vertical axis at - 1200
a) the p intercept is - 1200(cost of production)
b) at the p intercept, the number,
n = 0. It means that no watches are sold. Therefore,
If the company sells 0 watches, it will lose $1200
c) the n intercept is the point where the line cuts the x axis.
At the n intercept, P = 0
0 = 20n - 1200
20n = 1200
n = 1200/20
n = 60
d) if the company sells 60 watches, it will lose $0
