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