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Argosy University/ Phoniex University/
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Category > Management Posted 03 Oct 2017 My Price 6.00

revenue functions

Revenue. The marketing research department for a company that manufactures and sells memory chips for microcomputers established the following price demand and revenue functions:

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

(A) Sketch a graph of the revenue function in a rectangular coordinate system.

(B) Find the value of x that will produce the maximum revenue. What is the maximum revenue?

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Status NEW Posted 03 Oct 2017 08:10 PM My Price 6.00

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