A store has been selling 200 flat-screen TVs per week at $350 each. A market survey indicates that for each $10 rebate offered to buyers, the number of TVs sold will increase by 20 a week. a.) What is the Revenue function? b.) What rebate should the store offer to maximize Revenue? c.) What is the maximum Revenue? Show all work for full credit.
Added by Jose Antonio D.
Step 1
- Let \( x \) be the number of $10 rebates offered. - The price per TV after offering \( x \) rebates is \( 350 - 10x \). - The number of TVs sold after offering \( x \) rebates is \( 200 + 20x \). Show more…
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