Maximum RevenueJesaki Electronics manufactures and sells x smartphones per week. Theweekly price-demand and cost equations are, respectively,p = 509 -0.48 x and C(x) = 20,285 + 20 x.Suppose Jesaki Electronics wants to maximize weekly revenue. Compute thefollowing quantities.1. How many phones should be produced each week?Round to 2 decimal places.2. What price should Jesaki charge for the phones? $Round to the nearest cent.3. What is the maximum weekly revenue? $the nearest cent.Enter the result for 3.phones.per phone.per week. Round to Maximum ProfitYaster Gadgets manufactures and sells a smartphones per week. The weeklyprice-demand and cost equations are, respectively,p=487 -0.37 x and C(x) = 20,127 + 22 x.Suppose Yaster Gadgets wants to maximize weekly profit. Compute thefollowing quantities.1. How many phones should be produced each week?Round to 2 decimal places.2. What price should Jesaki charge for the phones? $_Round to the nearest cent.3. What is the maximum weekly profit? $_nearest cent.Enter the result for 2.phones.per phone.per week. Round to the

Note: “Since you have posted multiple questions, we will provide the solution only to the first question as per our Q&A guidelines. Please repost the remaining questions separately.” Given, The weekly price-demand function p = 509 - 0.48 x The cost function C(x) = 20285 + 20x1) Revenue function:R = price × quantityR = (509 - 0.48x)xR = 509x - 0.48x2 ------(i)To find maximum revenue, differentiate with respect to x and take it as zero.dRdx = 509 - 0.96xtake, dRdx = 0 509 - 0.96x = 0x = 5090.96x = 530.2083Second differentiation condition,d2Rdx2 = - 0.96 < 0Thus, revenue is maximum when x = 530.2083 Hence, Jesaki Electronics should be produced each week 530.21 phones. 2) To find price for phone:p = 509 - 0.48 xp = 509 - 0.48(530.21)p = 254.4992 Hence, Price should Jesaki charge for the phones is $ 254.50 per phone.3) Maximum weekly revenue: R = pxR = 254.50×530.21R = 134,938.45 Hence, maximum weekly revenue is $ 134,938.45 per week. Enter the result for 3. 134,938.45