A manufacturer has been selling 1500 television sets a week at $540 each. A market survey indicates that for each $13 rebate offered to a buyer, the number of sets sold will increase by 130 per week. a) Find the demand function p(x), where x is the number of the television sets sold per week. p(x)= b) How large rebate should the company offer to a buyer, in order to maximize its revenue? $ c) If the weekly cost function is 135000+ 180x, how should it set the size of the rebate to maximize its profit? $ Question Help: Video Submit Question MacBook Pro esc < > a ! @ # $ % & 1 2 3 4 5 6 7 D ก W FRTY

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
icon
Related questions
Question
A manufacturer has been selling 1500 television sets a week at $540 each. A market survey indicates that for
each $13 rebate offered to a buyer, the number of sets sold will increase by 130 per week.
a) Find the demand function p(x), where x is the number of the television sets sold per week.
p(x)=
b) How large rebate should the company offer to a buyer, in order to maximize its revenue?
$
c) If the weekly cost function is 135000+ 180x, how should it set the size of the rebate to maximize its
profit?
$
Question Help: Video
Submit Question
MacBook Pro
esc
<
@
a
#
$
%
&
88888888
1
2
D
W
3
4
5
6
FRTY
7
Transcribed Image Text:A manufacturer has been selling 1500 television sets a week at $540 each. A market survey indicates that for each $13 rebate offered to a buyer, the number of sets sold will increase by 130 per week. a) Find the demand function p(x), where x is the number of the television sets sold per week. p(x)= b) How large rebate should the company offer to a buyer, in order to maximize its revenue? $ c) If the weekly cost function is 135000+ 180x, how should it set the size of the rebate to maximize its profit? $ Question Help: Video Submit Question MacBook Pro esc < @ a # $ % & 88888888 1 2 D W 3 4 5 6 FRTY 7
Expert Solution
steps

Step by step

Solved in 4 steps with 4 images

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage