We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the following price-demand and revenue functions: p(x)=115-4x Price-demand function Revenue function R(x) = xp(x) = x(115-4x) 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≤23. (A) Which of the following is the graph of the revenue function? OA. 800 №600 200- -20 -15 -10 -5 C B 800 600 400 200 0- 0 5 10 15 2 0- -200 -400- 600 -800- (B) Find the output that will produce the maximum revenue. million chips (Type an integer or a fraction. Simplify your answer.)
We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the following price-demand and revenue functions: p(x)=115-4x Price-demand function Revenue function R(x) = xp(x) = x(115-4x) 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≤23. (A) Which of the following is the graph of the revenue function? OA. 800 №600 200- -20 -15 -10 -5 C B 800 600 400 200 0- 0 5 10 15 2 0- -200 -400- 600 -800- (B) Find the output that will produce the maximum revenue. million chips (Type an integer or a fraction. Simplify your answer.)
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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