Widget Sales Jesaki Inc. is trying to enter the widget market. The research department established the...

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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 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. Use this information to answer questions 1-10 below. Price-demand function D Question 10 Over $0 $15,000 $30,000 But Not Over $15,000 Question 11 $30,000 Tax Due 7.14 pts 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 $24,742. 7.14 pts A company is planning to manufacture snowboards. The fixed costs are $143 per day and the total costs are $6,410 per daily output of 21 boards. What is the average costs per board tend to as production increases? Question 12 Find the value of an investment of $14,826 for 13 years at an annual interest rate of 3.67% compounded continuously. Question 13 7.14 pts Question 14 7.14 pts Karen wishes to have $18,110 cash for a new car 10 years from now. How much should be placed in an account now, if the account pays 5.9% annual interest rate, compounded weekly? 7.14 pts Suppose Matt has invested in a mutual fund that is compounded annually at 12.21%. How long will it take the money invested to double? (Round up to the nearest year) 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 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. Use this information to answer questions 1-10 below. Price-demand function D Question 10 Over $0 $15,000 $30,000 But Not Over $15,000 Question 11 $30,000 Tax Due 7.14 pts 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 $24,742. 7.14 pts A company is planning to manufacture snowboards. The fixed costs are $143 per day and the total costs are $6,410 per daily output of 21 boards. What is the average costs per board tend to as production increases? Question 12 Find the value of an investment of $14,826 for 13 years at an annual interest rate of 3.67% compounded continuously. Question 13 7.14 pts Question 14 7.14 pts Karen wishes to have $18,110 cash for a new car 10 years from now. How much should be placed in an account now, if the account pays 5.9% annual interest rate, compounded weekly? 7.14 pts Suppose Matt has invested in a mutual fund that is compounded annually at 12.21%. How long will it take the money invested to double? (Round up to the nearest year)

Answer rating: 100% (QA)

solution 10 The tax due on a taxable income of 24742 can be calculated using the tax table given The taxable income of 24742 falls into the third brac... View the full answer