A manufacture has been selling 1450 television sets a week at $420 each. A market survey indicates that for each $25 reb

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A manufacture has been selling 1450 television sets a week at $420 each. A market survey indicates that for each $25 reb

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A Manufacture Has Been Selling 1450 Television Sets A Week At 420 Each A Market Survey Indicates That For Each 25 Reb 1
A Manufacture Has Been Selling 1450 Television Sets A Week At 420 Each A Market Survey Indicates That For Each 25 Reb 1 (81.26 KiB) Viewed 18 times
A manufacture has been selling 1450 television sets a week at $420 each. A market survey indicates that for each $25 rebate offered to a buyer, the number of sets sold will increase by 250 per week. a) Find the demand function p(2), where x is the number of the television sets sold per week. p(x) = b) How large rebate should the company offer to a buyer, in order to maximize its revenue? c) If the weekly cost function is 101500 + 140x, how should it set the size of the rebate to maximize its profit?
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