Use the Sales information above to answer this question. What is the expected profit if Jesaki Inc. produces and sells 26,270 widgets? Round to the nearest dollar. Note: The profit may be negative, if Jesaki Inc. experiences a loss.

College Algebra (MindTap Course List)
12th Edition
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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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Use the Sales information above to answer this question.
What is the expected profit if Jesaki Inc. produces and sells
26,270 widgets?
Round to the nearest dollar.
Note: The profit may be negative, if Jesaki Inc. experiences a
loss.
Transcribed Image Text:Use the Sales information above to answer this question. What is the expected profit if Jesaki Inc. produces and sells 26,270 widgets? Round to the nearest dollar. Note: The profit may be negative, if Jesaki Inc. experiences a loss.
Widget Sales
Jesaki Inc. is trying to enter the widget market. The research
department established the following price-demand, cost, and
revenue functions:
Price-
p(x) = 60 - 1.20x
demand
function
Cost
|C(x) = 210 + 12x
function
Revenue
R(x) = xp(x) = x(60 - 1.20x)
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 â 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: Price- p(x) = 60 - 1.20x demand function Cost |C(x) = 210 + 12x function Revenue R(x) = xp(x) = x(60 - 1.20x) 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 â thousand widgets. All three functions have domain 1 ≤ x ≤ 50.
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