Question:
The marketing research department of a computer company used
Last updated: 11/23/2023
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The marketing research department of a computer company used a large city to test market the firm s new laptop The department found the relationship between price p dollars per unit and the demand x units per week was given approximately by the following equation p 1050 0 14x 2 0 x 75 So weekly revenue can be approximated by the following equation R x xp 1050x 0 14x 0 x 75 Use this information to answer parts A and B B There is no local maximum What is are the local minimum a Select the correct choice below and if necessary fill in the answer box to complete your choice OA The local minimum a is are at x Simplify your answer Use a comma to separate answers as needed