The production graph of the company is a quadratic graph
The true statements about the production graph are:
- When producing 5,000 sets of headphones per week, the weekly earnings is $0.
- Producing 2,500 sets of headphones per week will give the maximum amount of weekly earnings.
- The maximum possible earnings is about $6,250 per week.
- If production is increased from 1,500 to 2,000 sets of headphones per week, then the weekly earnings will also increase
<h3>How to interpret the model?</h3>
To interpret the model, we simply evaluate the options one after the other
<u>Producing 5000 sets weekly</u>
From the graph, we have:
(x,y) = (5000,0)
This means that a weekly production of 5,000 sets of headphones give an earning of $0.
Hence, this option is true
<u>Increased production from 3000 to 4000</u>
From the graph, the function value decreases when x increases from 3000 to 4000.
This means that this option is false
<u>Producing 2500 sets</u>
The production of 2500 sets give a maximum earning of $6250
This means that options (c) and (d) are true
<u>Increased production from 1500 to 2000</u>
From the graph, the function value increases when x increases from 1500 to 2000.
This means that this option is true
Hence, the true statements are: (a), (c), (d) and (e)
Read more about quadratic graphs at:
brainly.com/question/7988424
