Question: A store has been selling 4 0 0 TV monitors a week at ( $ 4 5 0 ) each. A market

A store has been selling 400 TV monitors a week at \(\$ 450\) each. A market survey indicates that for each \(\$ 30\) rebate offered to buyers, the number of monitors sold will increase by 60 a week. Find the demand function and the revenue function. How large a rebate should the store offer to maximize its revenue? Solution If \( x \) is the number of monitors sold per week, then the weekly increase in sales is . For each increase of 60 units sold, the price is decreased by \(\$ 30\). So for each additional unit sold, the decrease in price will be \(\frac{1}{60}\times 30\) and the demand function is
A store has been selling 4 0 0 TV monitors a week

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