What is the largest number of widgets that can be produced and sold for Jesaki Inc. to break even?widgets. Round to the nearest widget. Jesaki Inc. is trying to enter the widget market. The research department established the followingprice-demand, cost, and revenue functions:p(x) = 60 - 1.20xC(x) = 210 + 12xR(x) = xp(x) = x(60 - 1.20x) Revenue functionPrice-demand functionCost functionwhere x is in thousands of widgets and C(x) and R(x) are in thousands of dollars. The price p(x)is the price in dollars of one widget when the demand is a thousand widgets. All three functionshave domain 1 ≤ x ≤ 50.Use this information to answer questions 1-10 below.

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Jesaki Inc. is trying to enter the widget market. The research department established the following price-demand, cost, and revenue functions: p(x) = 60 - 1.20x C(x) = = 210 + 12x Cost function R(x) = xp(x) = x(60 - 1.20x) Revenue function Price-demand function where & is in thousands of widgets and C(x) and R(x) are in thousands of dollars. The price p(x) is the price in dollars of one widget when the demand is a thousand widgets. All three functions have domain 1 ≤ x ≤ 50. Use this information to answer questions 1-10 below.

Jesaki Inc. is trying to enter the widget market. The research department established the following price-demand, cost, and revenue functions: p(x) = 60 - 1.20x C(x) = = 210 + 12x Cost function R(x) = xp(x) = x(60 - 1.20x) Revenue function Price-demand function where & is in thousands of widgets and C(x) and R(x) are in thousands of dollars. The price p(x) is the price in dollars of one widget when the demand is a thousand widgets. All three functions have domain 1 ≤ x ≤ 50. Use this information to answer questions 1-10 below.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Widget Sales Jesaki Inc. is trying to enter the widget market. The research department established the following price-demand, cost, and revenue functions: p(x)=60-1.20x C(a) = 210 + 12x |R(x) = xp(x) = x(60 - 1.20x) Revenue function where x is in thousands of widgets and C(x) and R(x) are in thousands of dollars. The price p(z) is the price in dollars of one widget when the demand is a thousand widgets. All three functions have domain 1 ≤ ≤ 50. Use this information to answer questions 1-10 below. Price-demand function Cost function
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