A company finds that if it charges e dollars for a cell phone, it can expect to sell 1,000 - 2x phones. The company
uses the function - defined by r(t) = < (1,000 – 22) to model the expected revenue, in dollars, from selling cell
phones at dollars each.
Use graphing technology to graph the function r. At what price should the company sell their phones to get the
maximum revenue? Explain your reasoning.