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 10002x phones The company uses the function r defined by rxx10002x to model the expected revenue in dollars from selling cell phones class=

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Answer:

Step-by-step explanation:

The x intercepts are 0 and

1000 - 2x = 0              given condition

1000 = 2x                   Divide by 2

500 = x

So the two intercepts are 0,0 and 500,0

The intercepts mean that for (0,0) the phone company hasn't charged anything, yet. For 500,0 the phone company can sell a single phone -- not when they cost 500 dollars apiece.

The answer to the B part is completing the square.

r(x) = - 2x^2 + 1000x

r(x) = -2(x^2 - 500x )

1/2 ( 500) = 250

250^2 is what you put inside the bracket's to complete the square.

r(x) =  - 2(x^2 - 500x + 250^2) + 2*250^2

r(x) = -2(x - 250)^2 + 2*62500

r(x) = - 2(x - 250)^2 + 125000

They should sell their phones at 250 dollars a piece. The total revenue is 125000. Your graph shows exactly the same thing.

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