Question:

$ 85 6 We found that the marketing research department for

Last updated: 8/11/2022

$ 85 6 We found that the marketing research department for

$ 85 6 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) = 85-3x Price-demand function Revenue function R(x)=xp(x) = x(85-3x) 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. million chips (Type an integer or a fraction. Simplify your answer.) What is the maximum revenue? $ 602.08 million (Round to two decimal places.) (C) What is the wholesale price per chip that produces the maximum revenue? (Round to the nearest dollar.) 0.25 of 1 Save