A company makes x smartphones per week. The price-demand equation is p=595−0. 4x and the cost is given by C(x)=19514+16x.


(a) To maximize revenue, ___

phones should be produced,

the price of each phone should be

___ dollars,

resulting in a maximum revenue of

___ dollars.


(b) To maximize profit, ___

phones should be produced,

the price of each phone should be

___ dollars, resulting in a maximum profit of

___ dollars