The Marketing Research Department For A Company That Manufactures

The Marketing Research Department For A Company That Manufactures

Help with functional word problems? 3

The market research department of a company that makes and sells microcomputer memory chips found the following demand and revenue functions:

p (x) = 753x

R (x) = xp (x) = x (753x)

A) R (x) = xp (x) = x (753x)

R (x) = 75x3x 2

R (x) = 75 6x = 0

6x = 75

x = 12.5 million tokens

b) p (x) = 753x

p (12.5) = 753 (12.5)

p (12.5) = 75 37.5

p (12.5) = $ 37.5

The Marketing Research Department For A Company That Manufactures