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A company manufactures microchips. use the revenue function R(x)=x(75-5x) and the cost function C(x)=126+15x, where x is in millions of chips and...
A company manufactures microchips. use the revenue function R(x)=x(75-5x) and the cost function C(x)=126+15x,
where x is in millions of chips and R(x) and C(x) are in millions of dollars. Both the functions have domain 1<x<20
1. Find the profit function P(x)
2. How many millions of chips should be sold for the maximum revenue?
3. What is the maximum revenue?
4. How many millions of chips should be sold for the maximum profit?
5. What is the maximum profit?
6.
Graph C,P,R.