A manufacture has been selling 1050 television sets a week at 360 dollars each. A market survey indicates that for each 20 -dollar rebate offered to a buyer, the number of sets sold will increase by 200 per week.
p(x)=1x/10 + 465
How large of a rebate should the company offer to a buyer, in order to maximize its revenue?
I did 697.5-360=337.5. Is this right?
1 answer
nevermind I made a mistake it's p(x)=-1x/10 + 465