Over $0 $15,000 $30,000 But Not Over $15,000 $30,000 Tax Due 2.5% of taxable income $375 plus 6.3% of excess over $15,000 $1,320 plus 6.4% of excess over $30,000 Use the Tax table above the answer the following question. Find the tax due on a taxable income of $20,478.
Over $0 $15,000 $30,000 But Not Over $15,000 $30,000 Tax Due 2.5% of taxable income $375 plus 6.3% of excess over $15,000 $1,320 plus 6.4% of excess over $30,000 Use the Tax table above the answer the following question. Find the tax due on a taxable income of $20,478.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question

Transcribed Image Text: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
Price-
demand
function
Cost
function
C(x) = 210 + 12x
R(x) = xp(x) = x(60 - 1.20x)
where 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 functions have domain
1 ≤ x ≤ 50.
Revenue
function

Transcribed Image Text:Over
$0
$15,000
$30,000
But Not Over
$15,000
$30,000
Tax Due
2.5% of taxable
income
$375 plus 6.3% of
excess over $15,000
$1,320 plus 6.4% of
excess over $30,000
Use the Tax table above the answer the following question. Find the tax
due on a taxable income of $20,478.
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