The Profit P, in Thousands of Dollars, a Manufacturer Makes

question 18

Multiple Choice

The profit P, in thousands of dollars, a manufacturer makes if I, measured in thousands, items are produced is given by . ​
The formula is valid for up to 10 thousand items produced.What number of items should be produced to yield a profit of 6 thousand dollars? There are two solutions.Find both of them.Round your answers to two decimal places if necessary.

• A) That profit level cannot be achieved.
• B) 0.36 thousand and 9.31 thousand
• C) 1.44 thousand and 7.63 thousand
• D) 7.33 thousand and 8.10 thousand

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Definitions:

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, representing the portion of sales that turns into profits.

Market Price Per Share

refers to the current price at which a single share of a company's stock is being traded on the open market.

Return on Equity

A financial performance measure that demonstrates how effectively a company uses investor funds to generate profit.

Equity Multiplier

The equity multiplier is a financial ratio that measures the degree of a company's financing through debt compared to its owned equity, indicating leverage level.