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A sales team estimates that the number of new phones it will sell is a function of the price that it sets. It estimates
Posted: Fri Jul 08, 2022 5:36 am
by answerhappygod
- A Sales Team Estimates That The Number Of New Phones It Will Sell Is A Function Of The Price That It Sets It Estimates 1 (86.54 KiB) Viewed 29 times
A sales team estimates that the number of new phones it will sell is a function of the price that it sets. It estimates that if it sets the price at a dollars, it will sell f(x) = 1,392-3x phones. Therefore, the
company's revenue is . (1,392 – 3x). Find the price that will maximize the
company's revenue. Provide your answer below: