We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the following price-demand and reven p(x) = 85 - 3x Price-demand function R(x) = xp(x) = x(85 - 3x) Revenue function where p(x) is the wholesale price in dollars at which x million chips can be sold, and R(x) is in millions of dollars. Both functions have domain 1 ≤x≤ 17. (A) Which of the following is the graph of the revenue function? O A. 0- 5 10 15 20 -200- -400- -600- Q G (B) Find the output that will produce the maximum revenue. million chips (Type an integer or a fraction. Simplify your answer.) What is the maximum revenue? $ million (Round to two decimal places.) OB. 600- 400- 200- 0- (C) What is the wholesale price per chip that produces the maximum revenue? CA $ (Round to the nearest dollar.) B 0 5 10 15 20 ○ C. -600- 400- -200- E -20-15-10-50
We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the following price-demand and reven p(x) = 85 - 3x Price-demand function R(x) = xp(x) = x(85 - 3x) Revenue function where p(x) is the wholesale price in dollars at which x million chips can be sold, and R(x) is in millions of dollars. Both functions have domain 1 ≤x≤ 17. (A) Which of the following is the graph of the revenue function? O A. 0- 5 10 15 20 -200- -400- -600- Q G (B) Find the output that will produce the maximum revenue. million chips (Type an integer or a fraction. Simplify your answer.) What is the maximum revenue? $ million (Round to two decimal places.) OB. 600- 400- 200- 0- (C) What is the wholesale price per chip that produces the maximum revenue? CA $ (Round to the nearest dollar.) B 0 5 10 15 20 ○ C. -600- 400- -200- E -20-15-10-50
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
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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