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A manufacture has been selling 1000 television sets a week at $480 each. A market survey indicates that for each $26 reb
Posted: Wed May 11, 2022 4:33 am
by answerhappygod
- A Manufacture Has Been Selling 1000 Television Sets A Week At 480 Each A Market Survey Indicates That For Each 26 Reb 1 (66.9 KiB) Viewed 24 times
A manufacture has been selling 1000 television sets a week at $480 each. A market survey indicates that for each $26 rebate offered to a buyer, the number of sets sold will increase by 260 per week. a) Find the demand function p(a), 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 80000 + 160x, how should it set the size of the rebate to maximize its profit?