Question
A sales team estimates that the number of new phones they will sell is a function of the price that they set. They estimatethat if
A sales team estimates that the number of new phones they will sell is a function of the price that they set. They estimatethat if they set the price at a dollars, they will sell f(x) = 2160 - 9x phones. Therefore, the company's revenue isx (2160-9x). Find the price x which will maximize the company's revenue.•Provide your answer below:
A sales team estimates that the number of new phones they will sell is a function of the price that they set. They estimatethat if they set the price at a dollars, they will sell f(x) = 2160 - 9x phones. Therefore, the company's revenue isx (2160-9x). Find the price x which will maximize the company's revenue.•Provide your answer below:
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
