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Use the Sales information above to answer this question. The value x = 16.654 should be used in the cost model to estimate the cost of producing how many widgets? widgets. Round to the nearest widget.

Use the Sales information above to answer this question. The value x = 16.654 should be used in the cost model to estimate the cost of producing how many widgets? widgets. Round to the nearest widget.

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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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(x) = 210 + 12x Cost function |R(x) = xp(x) = x(60 - 1.20x) Revenue function Price-demand function where a 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.
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 C(x) = 210 + 12x Cost function |R(x) = xp(x) = x(60 - 1.20x) Revenue function Price-demand function where a 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 the Sales information above to answer this question. The value x = 16.654 should be used in the cost model to estimate the cost of producing how many widgets? widgets. Round to the nearest widget.
Transcribed Image Text:Use the Sales information above to answer this question. The value x = 16.654 should be used in the cost model to estimate the cost of producing how many widgets? widgets. Round to the nearest widget.
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