Answered: A company manufactures and sells x…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter4: Systems Of Linear Equations

Section4.3: Solve Mixture Applications With Systems Of Equations

Problem 158E: The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The...

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A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below.

p=500−0.5x

and C(x)=20,000+140x

(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

nothing

phones each week at a price of

$nothing.

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