Linda M.

asked • 10/26/21

I just need help with letter C please

A manufacture has been selling 1950 television sets a week at $450 each. A market survey indicates that for each $11 rebate offered to a buyer, the number of sets sold will increase by 110 per week.a) Find the demand function p(x), where x is the number of the television sets sold per week.p(x)= −10​+645Correct  b) How large rebate should the company offer to a buyer, in order to maximize its revenue?$127.5Correct  




c) If the weekly cost function is 146250+150x, how should it set the size of the rebate to maximize its profit?$  

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.