A manufacture has been selling 1550 television sets a week at $480 each. A market...
90.2K
Verified Solution
Link Copied!
Question
Accounting
A manufacture has been selling television sets a week at $ each. A market survey indicates that for each $ rebate offered to a buyer, the number of sets sold will increase by 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 manufacture has been selling television sets a week at $ each. A market survey indicates that for each $ rebate offered to a buyer, the number of sets sold will increase by 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?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.