A sales team estimates that the number of new phones it will

Last updated: 7/18/2022

A sales team estimates that the number of new phones it will sell is a function of the price that it sets. It estimates that if it sets the price at a dollars, it will sell f(x) = 6,818 - 7x phones. Therefore, the company's revenue is x(6,818 - 7x). Find the price that will maximize the company's revenue. Select the correct answer below: 511 487 489 491 507