Question
A company manufactures and sells x cellphones per week. The weeklyprice-demand and cost equations are given below. P=500-0.1x and C(x)=15000+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=500-0.1x and C(x)=15000+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?
The company should produce______ phones each week at a price of $______
The maximum weekly revenue is$____?
(B) What price should the company charge for thephones, and how many phones should be produced to maximize the weeklyprofit? What is the maximum weeklyprofit?
The company should produce______ phones each week at a price of $______
The maximum weekly profit is$____?
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