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Answer:
a) The profit will be:
b) Since the profit is -9500 (negative) so, company will not gain any profit if they produce 300 bicycles.
Step-by-step explanation:
Cost of Bicycles=
Revenue generated =
Find a polynomial that represent profits
The formula used for finding profit is:
So, the profit will be:
If the company can produce bicycles y= 300
The profit will be:
Since the profit is -9500 (negative) so, company will not gain any profit if they produce 300 bicycles.