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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.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
ChapterB: Differential Calculus Techniques In Management
Section: Chapter Questions
Problem 3E
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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(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
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(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
Question 10 Over $0 $15,000 $30,000 But Not Over $15,000 Question 11 $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. A company is planning to manufacture snowboards. The fixed costs are $136 per day and the total costs are $7,185 per daily output of 20 boards. What is the average costs per board tend to as production increases?
Transcribed Image Text:Question 10 Over $0 $15,000 $30,000 But Not Over $15,000 Question 11 $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. A company is planning to manufacture snowboards. The fixed costs are $136 per day and the total costs are $7,185 per daily output of 20 boards. What is the average costs per board tend to as production increases?
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