1. 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)=90−3x ​Price-demand function R(x)=xp(x)=x(90−3x) 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≤18.   A) Which of the following is the graph of the revenue​ function? (B) Find the output that will produce the maximum revenue. ​(C) What is the wholesale price per chip that produces the maximum​ revenue?   I stuck at the part where = −3​(2x^2+90​x)     I am supposted to add number in to complete the square inside the parentheses and add outside the parenthes? what I don't what the number is and how to get it? can explain that part to me. Thank You

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Topic Video
Question

1. 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)=90−3x
​Price-demand function
R(x)=xp(x)=x(90−3x)
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≤18.
 
A) Which of the following is the graph of the revenue​ function?
(B) Find the output that will produce the maximum revenue.
​(C) What is the wholesale price per chip that produces the maximum​ revenue?
 
I stuck at the part where
=
−3​(2x^2+90​x)
 
 
I am supposted to add number in to complete the square inside the parentheses and add outside the parenthes? what I don't what the number is and how to get it? can explain that part to me.
Thank You
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Optimization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,