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(C) What Is the Wholesale Price Per Chip That Produces the Maximum Revenue Square (Round to the Nearest Dollar.)

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(C) What is the wholesale price per chip that produces the maximum revenue square (Round to the nearest dollar.)

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4.3 (249 Oylar)
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Uzman doğrulaması
Usta · 5 yıl öğretmeni

Cevap

To find the wholesale price per chip that produces the maximum revenue, we need to determine the price at which the revenue function is maximized.Given the revenue function \( R(x) = -2x^2 + 200x \), we can find the maximum revenue by taking the derivative of the revenue function with respect to and setting it equal to zero.\( R'(x) = -4x + 200 \)Setting \( R'(x) = 0 \), we get: Solving for , we find: Therefore, the wholesale price per chip that produces the maximum revenue is $50.