Mathematics
Mathematics, 26.05.2021 17:50, brainguy124

A company finds that if it charges x dollars for a cell phone, it can expect to sell 1,000 - 2x phones. The company uses the function r defined by r(x) = x-(1,000 - 2x) to model the expected revenue, in dollars, from selling cell phones at x dollars each.
At what price should the company sell their phones to get the maximum revenue? Explain your reasoning

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A company finds that if it charges x dollars for a cell phone, it can expect to sell 1,000 - 2x phon...

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