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Suppose that the price per unit in dollars of a cell phone production is modeled by p= 65-0.0125x where xis in thousands of p represented by thousands of dollars is R=xcdot p Find the production level that will maximize revenue. square thousand phones

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Respuesta

To find the production level that will maximize revenue, we need to find the value of x that maximizes the revenue function R.Given: Substituting the expression for p into the revenue function: To find the maximum revenue, we need to find the critical points of the revenue function by taking the derivative and setting it equal to zero. Therefore, the production level that will maximize revenue is 2600 thousand phones.