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Mathematics, 18.08.2020 17:01 jhernandezvaldez142

A manufacturer has been selling 1000 flat-screen TVs a week at $400 each. A market survey indicates that for each $10 rebate offered to the buyer, the number of TVs sold will increase by 100 per week. (a) Find the demand function (price p as a function of units sold x).
(b) How large a rebate should the company offer the buyer in order to maximize its revenue?
(c) If its weekly cost function is C(x) = 73,000 + 110x, how should the manufacturer set the size of the rebate in order to maximize its profit?

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