
Mark M. answered 05/05/24
Mathematics Teacher - NCLB Highly Qualified
R(r) = (1000 + 100r)(450 - 10r), r represents the number of rebates
Convert to vertex form and answer?
Brooklyn B.
asked 05/05/24A store has been selling 1000 television sets a week at $450 each. A market survey indicates that for each $10 rebate offered to buyers, the number of sets sold will increase by 100 per week.
a) Find the demand function
b) How large a rebate should the company offer buyers in order to maximize its revenue?
Mark M. answered 05/05/24
Mathematics Teacher - NCLB Highly Qualified
R(r) = (1000 + 100r)(450 - 10r), r represents the number of rebates
Convert to vertex form and answer?
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