John Tang

# Budget: \$15

Solved!

Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue? Show detailed solution A manufacture has been selling 1800 television sets a week at \$360 each. A market survey indicates that for each \$28 rebate offered to a buyer, the number of sets sold will increase by 280 per week. b) How large rebate should the company offer to a buyer, in order to maximize its revenue?

### Answer

Tutor Jack Kim

b) maximum revenue occurs at the point where number sold times price is a maximum...

Notes
Practice
Earn
Me

Log In

OR

Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view

OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.

Request Course
Submit