SOLUTION: Suppose that the price per unit in dollars of a cell phone production is modeled by p = $35 − 0.0125x, where x is in thousands of phones produced, and the revenue represented
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Question 1071438: Suppose that the price per unit in dollars of a cell phone production is modeled by p = $35 − 0.0125x, where x is in thousands of phones produced, and the revenue represented by thousands of dollars is R = x · p.
Find the production level that will maximize revenue.
________thousand phones Answer by ikleyn(52776) (Show Source):
