1. **State the problem:** We want to find the price per phone $x$ that maximizes the revenue function $$r(x) = x \cdot (1200 - 2x)$$ where $x$ is the price per phone in dollars.
2. **Write the revenue function in standard quadratic form:**
$$r(x) = x(1200 - 2x) = 1200x - 2x^2$$
3. **Identify coefficients:**
The quadratic function is $$r(x) = -2x^2 + 1200x + 0$$ where $a = -2$, $b = 1200$, and $c = 0$.
4. **Find the vertex (maximum point) of the parabola:**
Since $a < 0$, the parabola opens downward and the vertex gives the maximum revenue.
The $x$-coordinate of the vertex is given by the formula:
$$x = -\frac{b}{2a} = -\frac{1200}{2 \times (-2)} = -\frac{1200}{-4} = 300$$
5. **Calculate the maximum revenue by substituting $x=300$ into $r(x)$:**
$$r(300) = 300 \times (1200 - 2 \times 300) = 300 \times (1200 - 600) = 300 \times 600 = 180000$$
6. **Interpretation:**
The maximum revenue of 180,000 dollars occurs when the price per phone is 300 dollars.
**Final answer:**
The price per phone that maximizes revenue is $\boxed{300}$ dollars, and the maximum revenue is $\boxed{180000}$ dollars.
Max Revenue 154167
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