1
answer
0
watching
186
views
12 Nov 2019
A manufacture has been selling 1200 television sets a week at $510 each. A market survey indicates that for each $20 rebate offered to a buyer, the number of sets sold will increase by 200 per week.
a) Find the function representing the demand p(x), where x is the number of the television sets sold per week and p(x) is the corresponding price.
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 102000+170x, how should it set the size of the rebate to maximize its profit?
A manufacture has been selling 1200 television sets a week at $510 each. A market survey indicates that for each $20 rebate offered to a buyer, the number of sets sold will increase by 200 per week.
a) Find the function representing the demand p(x), where x is the number of the television sets sold per week and p(x) is the corresponding price.
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 102000+170x, how should it set the size of the rebate to maximize its profit?
Patrina SchowalterLv2
18 Mar 2019
