6 ### Using Sales Information to Calculate Profit**Question:**What is the expected profit if Yaster Inc. produces and sells 22,798 thingamabobs?\$__________. Round to the nearest dollar.**Note:** The profit may be negative if Yaster Inc. experiences a loss.---**Explanation:**To find the expected profit, use the provided sales information. Profit is calculated by subtracting total costs from total revenue. If the total costs are higher than the total revenue, the profit will be a negative number, indicating a loss.---The empty box below the note is where you can input your answer. # Thingamabob SalesYaster Inc. is trying to enter the thingamabob market. The research department established the following price-demand, cost, and revenue functions:| Function | Formula | Description ||----------|---------|--------------------------------|| $ p(x) $ | $ 57 - 1.14x $ | Price-demand function || $ C(x) $ | $ 215 + 11x $ | Cost function || $ R(x) $ | $ xp(x) = x(57 - 1.14x) $ | Revenue function |where $ x $ is in thousands of thingamabobs and $ C(x) $ and $ R(x) $ are in thousands of dollars. The price $ p(x) $ is the price in dollars of one thingamabob when the demand is $ x $ thousand thingamabobs. All three functions have the domain $ 1 \leq x \leq 50 $.

A company's total revenue is the sum of the money it brings in through the sale of its products and…

Answered: What is the expected profit if Yaster…

What is the expected profit if Yaster Inc. produces and sells 22,798 thingamabobs? $ Round to the nearest dollar. Note: The profit may be negative, if Yaster Inc. experiences a loss.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Jose buys a motorcycle for 125,000 and plans to keep it for 10 years after which it will be sold for some amount if tge motorcycle depreciates by 10,500 every year how much is the book value of the motorcycle on its 7th year?
A79. Which of the following is the most likely consequence of implementing the ‘Unified Payments Interface (UPI)’? (a) Mobile wallets will not be necessary for online payments. (b) Digital currency will totally replace the physical currency in about two decades. (c) FDI inflows will drastically increase. (d) Direct transfer of subsidies to poor people will become very effective.
Give me accurate answer with proper calculation ; otherwise, I will give multiple downvote and complain to bartelby Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
Only typed answer
Learning 9g.cengage.com/static/nb/ui/evo/index.html?deploymentld%35982812479578414089770649020&elSBN=978035; A Tax Document E ECSI - TaxSelect Do. SeAccount Quick Car. B Calendar | Navigate Main Street Comm. CENGAGE MINDTAP Homework (Ch 10) Back to Assignment Attempts Keep the Highest/1 4. Understanding different policy options to correct for negativeexternalities Carbon dioxide emissions have been linked to increased air pollution. The following table lists some possible public policies aimed at reducing the amount of carbon dioxide in the air. For each policy isted, identify whether it is a command-and-control policy (regulation), tradable permit system, corrective subsidy, or corrective tax Tradable Permit System Corrective Subsidy Command-and- Corrective Public Policy Control Policy Tax The government orders every factory to adopt a new technology, which reduces carbon-dioxide emissions into the atmosphere. Trees take cartbon dioxide out of the air and convert it to okygen, so the…
Question:- Cyber risk insurance that covers both customers and legal settlements would be known as
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
What are your thoughts about the future of properties in Los Angeles that are subject to this new tax? Will it help, will it hurt, what are the potential impacts?
Find value of output if:- Net value added at FC = $200 million Intermediate consumption = $150 million Depreciation = $20 million Tax = $40 Subsidy = $20 million
Question 4Calculate the gross value added : Sale - 400 Changein stock -(-20) Depreciation - 30Net indirect taxes - 40 Purchasea of mchinery - 200 Purchaseof an intermediate production - 250