Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a sales team estimates that the number of new phon

A sales team estimates that the number of new phones they will sell is a...

50.1K

Verified Solution

Question

Basic Math

image

A sales team estimates that the number of new phones they will sell is a function of the price that they set. They estimatethat if they set the price at a dollars, they will sell f(x) = 2160 - 9x phones. Therefore, the company's revenue isx (2160-9x). Find the price x which will maximize the company's revenue.Provide your answer below:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Jean is a 45-year-old male who presents to the emergency department complaining of a headache and...

Medical Sciences
Q

2.3)  Consider a 3-meter long pendulum placed on the Moon and given initial angular displacement of 0.2...

Mechanical Engineering
Q

A three phase, 60 Hz, 480 V, Y-connected, two-pole synchronous generator has a synchronous reactance of...

Electrical Engineering
Q

A gaps of Schwann OB myelinated fibers OC outer collar of perinuclear cytoplasm D myelin...

Biology
Q

Example 21 A uniform wire of resistance per unit length is bent into a semicircle...

Physics
Q

Economics The Pita Pit sells about 5000 sandwiches a month when they sell their sandwiches...

Basic Math
Q

Magnum corporation issued 400,000 OMR 1 equity shares with a current market value of OMR...

Accounting
Q

Question 1 x Your answer is incorrect. Try again. Pharoah Ltd. incurs these expenditures in...

Accounting
Q

Mr Stacks is reviewing his company's investment in a cement plant. The company paid 150,000,000...

Accounting
Q

7. Insurance Pricing (15 pts.) Use the information in the table below to answer the...

Accounting
Q

Newkirk, Inc., is an unlevered firm with expected annual earnings before taxes of $22.9 million...

Finance
Q

D-Bat paid $75 in dividends and $300 in interest expense. The addition to retained earnings...

Finance