The marketing research department of a computer company used a large city to test market the firm's new laptop. The department

Question

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=1125-0.15x² 0<x<75
So, weekly revenue can be approximated by the following equation.
R(x) = xp = 1125x-0.15x³ 0<x<75
Use this information to answer parts (A) and (B).
(A) Find the local extrema for the revenue function. What is/are the local maximum/a? Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
OA. The local maximum/a is/are at x =
(Simplify your answer. Use a comma to separate answers as needed.)
B. There is no local maximum.

Kunduz · Accepted Answer

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