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Mathematics, 26.05.2021 18:10, haileyhale5
A company finds that if it charges x dollars for a cell phone, it can expect to sell 1,000 β 2x phones. The company uses the function r defined by
F(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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Answers: 1
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