JNK Inc. has asked you to perform an analysis of their widget manufacturing business. by completing a marketing survey, JNK inc. was able to determine that by selling their widgets for 4 dollars instaed of 5 dollars they were able to sell 120 widgets instead of 100 widgets. currently the company pays 100 dollars to rent their gactory regardless of whether they make anything. in addition, it costs JNK inc. $1 to manufacture each widget.
-What is the price function for the companys widgets? the price function p(x) is the price that a company has to charge in order to sell x units.
-what is the maximum amount of revenue they can make?
The Attempt at a Solution