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[Steps Shown] We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the

Question: We found that the marketing research department for the company that manufactures and sells memory chips for microcomputers established the following price-demand and revenue functions.

p(x)=105−3xp\left( x \right)=105-3x Price Demand Function

R(x)=xp(x)=x(105−3x)R\left( x \right)=xp\left( x \right)=x\left( 105-3x \right) Revenue Function

where p(x) is the wholesale price in dollars at which x million chips can be sold, and R(x) is in millions of dollars. Both functions have domain 1≤x≤211\le x\le 21

  1. Graph the Revenue Function
  2. Find the output that will produce maximum revenue

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