A manufacturer has been selling 1000 television sets a week at $450 each. A market survey indicates that for each $10 rebate offered to the buyer, the number of sets sold will increase by 100 per week. Round your answers to the nearest dollar. (a) Find the demand function (price as a function of units sold). 1 -x + 550 10 p(x) (b) How large a rebate should the company offer the buyer in order to maximize its revenue? Enter a number. (c) If the company experiences a cost of C(x) $ 73,000 + 150x, how should the manufacturer set the size of the rebate in order to maximize its profit? %3D

A manufacturer has been selling 1000 television sets a week at $450 each. A market survey indicates that for each $10 rebate offered to the buyer, the number of sets sold will increase by 100 per week. Round your answers to the nearest dollar. (a) Find the demand function (price as a function of units sold). 1 -x + 550 10 p(x) (b) How large a rebate should the company offer the buyer in order to maximize its revenue? Enter a number. (c) If the company experiences a cost of C(x) $ 73,000 + 150x, how should the manufacturer set the size of the rebate in order to maximize its profit? %3D

Name: A manufacturer has been selling 1000 television sets a week at $450 e
Uploaded: 2024-03-20T07:07:26.000Z
Channel: Bartleby
Description: A manufacturer has been selling 1000 television sets a week at $450 each. A market survey indicates that for each $10 rebate offered to the buyer, the number of sets sold will increase by 100 perweek. Round your answers to the nearest dollar.(a) Fin