A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.p= 400 - 0.5x 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 maximumweekly revenue?The company should produce phones each week at a price of $.(Round to the nearest cent as needed.)

First we will find the equation for revenue.

Answered: A company manufactures and sells x…

College Algebra

7th Edition

ISBN:9781305115545

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section1.3: Lines

Problem 92E

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