A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p= 600 - 0.1x and C(X) = 15,000 + 130x (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? The company should produce O phones each week at a price of s]. (Round to the nearest cent as needed.)
A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p= 600 - 0.1x and C(X) = 15,000 + 130x (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? The company should produce O phones each week at a price of s]. (Round to the nearest cent as needed.)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.CR: Chapter Review
Problem 70E: A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three...
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![A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.
p= 600 - 0.1x and C(X) = 15,000 + 130x
(A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the
maximum weekly revenue?
The company should produce O phones each week at a price of s].
(Round to the nearest cent as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F94423ce1-88a8-4971-80c7-79ffd8025453%2F3416ecaf-5d19-40cd-a7f3-529fde928003%2F8lvc2dd.png&w=3840&q=75)
Transcribed Image Text:A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.
p= 600 - 0.1x and C(X) = 15,000 + 130x
(A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the
maximum weekly revenue?
The company should produce O phones each week at a price of s].
(Round to the nearest cent as needed.)
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