A company manufactures and sells x cellphones per week. The weekly​ price-demand and cost equations are given below. p=400-.5x and C(x) =15000 +135xWhat 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?What price should the company charge for the​ phones, and how many phones should be produced to maximize the weekly​ profit? What is the maximum weekly​ profit?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter5: Polynomial And Rational Functions
Section5.1: Quardratic Functions
Problem 74SE: A soccer stadium holds 62,000 spectators. With aticket price of$11, the average attendance has...
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A company manufactures and sells x cellphones per week. The weekly​ price-demand and cost equations are given below. 
p=400-.5x and C(x) =15000 +135x

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?

What price should the company charge for the​ phones, and how many phones should be produced to maximize the weekly​ profit? What is the maximum weekly​ profit?

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