Find the function representing the demand

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A manufacture has been selling 1200 television sets a week at $540 each. A market survey indicates that for each $26 rebate offered to a buyer, the number of sets sold will increase by 260 per week. a) Find the function representing the demand p(x), where x is the number of the television sets sold per week and p(x) is the corresponding price. p(x)= b) How large rebate should the company offer to a buyer, in order to maximize its revenue? dollars c) If the weekly cost function is 108000+180x, how should it set the size of the rebate to maximize its profit? dollars

Reference no: EM131165372

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Find the function representing the demand : A manufacture has been selling 1200 television sets a week at $540 each. A market survey indicates that for each $26 rebate offered to a buyer, the number of sets sold will increase by 260 per week. Find the function representing the demand p(x), whe..

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