We found that the marketing research department for the company that manutactures and sells memory chips for microcomputers established the following price-dernand and revenue functions: p(X) =115-3x R(x) = xp(x)= x(115-3x) where p(x) is the wholesale price in dollars at which x million chips can be sold, and ROx) is in millions of dollars. Both functions have domain 1sxs23. Price-demand tunction Revenue function (A) Which of the following is the graph of the revenue function? OA. OB. Oc. 1200 1000- -200S 10 15 20 -400 -000 -800 -1000 -1200 Loog 600 400- 200 2001 -20-15-10 -5 0 0 5 10 15 20 B) Find the output that will produce the maximum revenue. million chips (Type an integer or a traction. Simplity your answer.) "Vhat is the maximum revenue? Emillion (Round to two decimal places.) C) What is the wholesale price per chip that produces the maximum revenue? (Round to the nearest dollar.) ick to select your answer(s).

We found that the marketing research department for the company that manutactures and sells memory chips for microcomputers established the following price-dernand and revenue functions: p(X) =115-3x R(x) = xp(x)= x(115-3x) where p(x) is the wholesale price in dollars at which x million chips can be sold, and ROx) is in millions of dollars. Both functions have domain 1sxs23. Price-demand tunction Revenue function (A) Which of the following is the graph of the revenue function? OA. OB. Oc. 1200 1000- -200S 10 15 20 -400 -000 -800 -1000 -1200 Loog 600 400- 200 2001 -20-15-10 -5 0 0 5 10 15 20 B) Find the output that will produce the maximum revenue. million chips (Type an integer or a traction. Simplity your answer.) "Vhat is the maximum revenue? Emillion (Round to two decimal places.) C) What is the wholesale price per chip that produces the maximum revenue? (Round to the nearest dollar.) ick to select your answer(s).

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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Question

We found that the marketing research department for the company that manutactures and sells memory chips for microcomputers established the following price-dernand and revenue functions:
p(X) =115-3x
R(x) = xp(x)= x(115-3x)
where p(x) is the wholesale price in dollars at which x million chips can be sold, and ROx) is in millions of dollars. Both functions have domain 1sxs23.
Price-demand tunction
Revenue function
(A) Which of the following is the graph of the revenue function?
OA.
OB.
Oc.
1200
1000-
-200S 10 15 20
-400
-000
-800
-1000
-1200
Loog
600
400-
200
2001
-20-15-10 -5 0
0 5 10 15 20
B) Find the output that will produce the maximum revenue.
million chips (Type an integer or a traction. Simplity your answer.)
"Vhat is the maximum revenue?
Emillion (Round to two decimal places.)
C) What is the wholesale price per chip that produces the maximum revenue?
(Round to the nearest dollar.)
ick to select your answer(s).

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