A manufacture has been selling 1300 television sets a week at $510 each.
A market survey indicates that for each $17 rebate offered to a buyer,
the number of sets sold will increase by 170 per week.
a) Find the demand function , where is the number of the television sets sold per week.
b) How large rebate should the company offer to a buyer, in order to maximize its revenue?
$
c) If the weekly cost function is , how should it set the size of the rebate to maximize its profit?
$
a) Find the demand function , where is the number of the television sets sold per week.
b) How large rebate should the company offer to a buyer, in order to maximize its revenue?
$
c) If the weekly cost function is , how should it set the size of the rebate to maximize its profit?
$
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