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A company manufactures and sells x cellphones per week. The weeklyprice-demand and cost equations are given below. p=500-0.5x and c(x)=20000+140x (A) What price should the
A company manufactures and sells x cellphones per week. The weeklyprice-demand and cost equations are given below.
p=500-0.5x and c(x)=20000+140x
(A) What price should the company charge for thephones, and how many phones should be produced to maximize the weeklyrevenue? What is the maximum weeklyrevenue?
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