16 Nov 2021
Problem 47b
Page 308
Section 4.6: Optimization Problems
Chapter 4: Applications of Differentiation
Textbook ExpertVerified Tutor
16 Nov 2021
Given information
Given :- A manufacturer has been selling 1000 television sets a week at $450 each.
To find :- How large a rebate should the company offer the buyer in order to maximize its revenue?
Step-by-step explanation
Step 1.
Revenue function = The product of per unit times the number of unit sold,
Differentiate on both sides,
Solve , and simplify it,