Question: Continuing the previous problem use goal seek for each value of numbermailed ( once for 8 0 0 0 0 , once for 9 0

Continuing the previous problem use goal seek for each value of numbermailed (once for 80000, once for 90000 and so on). For each, find theresponse rate that allows the company to break even.3.In the quality sweaters model, the range E9:E11 does not have a range name.Open your completed Excel file and name this rangeCosts. Then look at theformula in cell E12. It does not automatically use the new range name. Modifythe formula so that it does.4.As the quality sweaters problem is now modelled, if all inputs remain fixedexcept for the number mailed, profit will increase indefinitely as the numbermailed increased. This hardly seems relative- the company could becomeinfinitely rich. Discuss realistic ways to mod

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