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We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the followingprice-demand and revenuefunctions: p(x)=1103x Price-demand

We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the followingprice-demand and revenuefunctions:

p(x)=1103x

Price-demand function

R(x)=xp(x)=x(1103x)

Revenue function

wherep(x) is the wholesale price in dollars at which x million chips can besold, andR(x) is in millions of dollars. Both functions have domain 1x22.

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