To find the P-intercept, we set n = 0 in the equation P = 20n - 1000:
P = 20(0) - 1000
P = 0 - 1000
P = -1000
Therefore, the P-intercept is at -1000, which means the company would be at a loss of $1000 when they have not sold any smartwatches.
The profit P a company makes for selling n smartwatches can be modeled by
P = 20n − 1,000.
(a)
What is the P-intercept?
1 answer