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Mathematics, 03.06.2021 05:30 wednesdayA

Phone, it can expect to sell 1,000-2x phones. The company uses the function r defined by r(x)=x⋅(1,000−2x) to model the expected revenue, in dollars, from selling cell phones at x dollars each.

Answer the 2 questions below.

a) What are the X-Intercepts and what do they mean in this situation?

b) At what price should the company sell their phones to get the maximum revenue? Explain your reasoning


Phone, it can expect to sell 1,000-2x phones.

The company uses the function r defined by r(x)=x⋅(

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Phone, it can expect to sell 1,000-2x phones. The company uses the function r defined by r(x)=x⋅(1,...
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