Answer:
Total profit = p * number of unit per yr
Explanation:
Hi, the question is incomplete. You didn't provide the question we are to evaluate. Therefore, I would just explain how to determine the profit per unit sold for the year 2000 - 2010.
SOLUTION:
Year under focus = 2000 - 2010
N = the number of units produced by manufacturing plant. It is measured in thousands of units
N = 2T +3
T = number of years since 2000
p = profit per unit. It is measured in dollars
p=4T-3
From year 2000 to 2010, the manufacturing plant produced for 11years = 2000, 2001, 2002,...,2010
T (yrs) = 1, 2, 3,..., 11
We would calculate N for each yr in thousand. Our answer would be in thousand units
For yr 1: N = 2(1) + 3 = 5
That is 5,000 units
For yr 2: N = 2(2) + 3 = 7
That is 7,000units
For yr 3: N = 2(3) + 3 = 9
9,000units
For yr 4: N = 2(4) + 3 = 11,000units
For yr 5: N = 2(5) + 3 = 13,000units
For yr 6: N = 2(6) + 3 = 15,000units
For yr 7: N = 2(7) + 3 = 17,000units
For yr 8: N = 2(8) + 3 = 19,000units
For yr 9: N = 2(9) + 3 = 21,000units
For yr 10: N = 2(10) + 3 = 23,000units
For yr 11: N = 2(11) + 3 = 25,000
N in thousand for the 11 years:
p = 4T-3, per unit
Total profit (Tp)= p * number of unit per yr
p = 4(1) - 3 = $1 , Tp = 1 * 5000 = $5000
p = 4(2) - 3 = $5 , Tp= 5* 7000 = $35000
p = 4(3) - 3 = $9
p = 4(4) - 3 = $13
p = 4(5) - 3 = $17
p = 4(6) - 3 = $21
p = 4(7) - 3 = $25
p = 4(8) - 3 = $29
p = 4(9) - 3 = $33
p = 4(10) - 3 = $37
p = 4(11) - 3 = $41