may 25 1options are 5,270 ,51.30,51.30/5, 0thousan thingamabobs, dollar,thingamabobs,thousand dollar.please add those where it fits. i wasnt able to share more than 2 scrrenshots Thingamabob SalesYaster Inc. is trying to enter the thingamabob market. Theresearch department established the following price-demand, cost, and revenue functions:Price-|p(x) = 57 – 1.14xdemandfunctionCost|C(x) = 215 + 11xfunctionRevenue|R(x) = xp(x) = x(57 — 1.14x)functionwhere x is in thousands of thingamabobs and C(x) andR(x) are in thousands of dollars. The price p(x) is theprice in dollars of one thingamabob when the demand is athousand thingamabobs. All three functions have domain1 ≤ x ≤ 50. Use the Sales information above to answer this question.Select the words or phrases that give a correctinterpretation of the statement p(5) = 51.3.When the demand is 5thousand dollarsthe price for one9[Select]is[Select][Select]When the price for one [Select ][Select][Select][Select][Select]the demand is9●►is

Price-Demand function is P(x) = 57 - 1.14x, Where x is in thousands of thingamabobs and the price…

Use the Sales information above to answer this question. Select the words or phrases that give a correct interpretation of the statement p(5) = 51.3. When the demand is 5 thousand dollars the price for one 9 [Select] is [Select] [Select] When the price for one [Select ] [Select] [Select] [Select] [Select] the demand is 9 ●► is

Use the Sales information above to answer this question. Select the words or phrases that give a correct interpretation of the statement p(5) = 51.3. When the demand is 5 thousand dollars the price for one 9 [Select] is [Select] [Select] When the price for one [Select ] [Select] [Select] [Select] [Select] the demand is 9 ●► is

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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