Suppose that the price per unit in dollars of a cell phone production is modeled by p
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Suppose that the price per unit in dollars of a cell phone production is modeled by p = $45 − 0.0125x, where x is in thousands of phones produced, and the revenue represented by thousands of dollars is R = x ⋅ p. Find the production level that will maximize revenue.
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The derivative of R with respect to x i...View the full answer
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