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A manufacture has been selling 1950 television sets a week at $390 each. A market survey indicates that for each $16 reb
Posted: Wed May 11, 2022 4:45 am
by answerhappygod
- A Manufacture Has Been Selling 1950 Television Sets A Week At 390 Each A Market Survey Indicates That For Each 16 Reb 1 (57.1 KiB) Viewed 28 times
A manufacture has been selling 1950 television sets a week at $390 each. A market survey indicates that for each $16 rebate offered to a buyer, the number of sets sold will increase by 160 per week. a) Find the demand function p(x), where x is the number of the television sets sold per week. p(2) b) How large rebate should the company offer to a buyer, in order to maximize its revenue? $ c) If the weekly cost function is 126750 + 130x, how should it set the size of the rebate to maximize its profit? $