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Algebra
Question

A manufacture has been selling \( 1350 \) televisi...

A manufacture has been selling \( 1350 \) television sets a week at \( \$ 480 \) each. A market survey indicates that for each. \( \$ 25 \) rebate offered to a buyer, the number of sets sold will increase by \( 250 \) 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? 

\( \$ \) 

Answer

Solution
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