Widget SalesJesaki Inc. is trying to enter the widget market. The research department established the followingprice-demand, cost, and revenue functions:p(x)=60-1.20xC(a) = 210 + 12x|R(x) = xp(x) = x(60 - 1.20x) Revenue functionwhere 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 functionshave domain 1 ≤ ≤ 50.Use this information to answer questions 1-10 below.Price-demand functionCost function Question 10Over$0$15,000$30,000But Not Over$15,000Question 11$30,000Tax Due2.5% of taxable income$375 plus 6.3% of excess over$15,000$1,320 plus 6.4% of excessover $30,000Use the Tax table above the answer the following question. Find the tax due on a taxable income of$17,132.A company is planning to manufacture snowboards. The fixed costs are $136 per day and the totalcosts are $7,185 per daily output of 20 boards. What is the average costs per board tend to asproduction increases?

Since you have asked multiple question, we will answer first question for you. If you want any…

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 $17,132.

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 $17,132.

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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