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.x dollars, it will sell f(x) = 2,712 - 3x phones. Therefore, the company's revenue is x (2,712 - 3x). Find
the price x that will maximize the company's revenue.

Question

03-08-2022
Mathematics

Answered

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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 that if it
sets the price at.x dollars, it will sell f(x) = 2,712 - 3x phones. Therefore, the company's revenue is x (2,712 - 3x). Find
the price x that will maximize the company's revenue.

Sagot :

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