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Optimization (2.7) Score: 5.17/8 8/8 answered ants Question 3 0.67/1 pt ' 93-98 0 Details Score on last try: 0.67 of 1 pts. See Details

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Optimization (2.7) Score: 5.17/8 8/8 answered ants Question 3 0.67/1 pt ' 93-98 0 Details Score on last try: 0.67 of 1 pts. See Details for more. > Next question You can retry this question below A manufacture has been selling 1800 television sets a week at $480 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. urces a) Find the demand function p(I), where I is the number of the television sets sold per week. P(I) = b) How large rebate should the company offer to a buyer, in order to maximize its revenue? S c) If the weekly cost function is 144000 + 160x, how should it set the size of the rebate to maximize its profit? S Question Help: Video Submit QuestionOptimization (2.7) Score: 5.17/8 8/8 answered Question 4 nts Co.5/1 pt ) 92-98 0 Details Score on last try: 0.5 of 1 pts. See Details for more. > Next question You can retry this question below A baseball team plays in he stadium that holds 62000 spectators. With the ticket price at $12 the average attendence has been 24000. When the price dropped to $11, the average attendence rose to 31000. irces a) Find the demand function p(I), where I is the number of the spectators. (assume p(I) is linear) P(I) = b) How should be set a ticket price to maximize revenue? S Submit QuestionOptimization (2.7) Score: 5.17/8 8/8 answered X Question 5 0/1 pt O 99 0 Details Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $9 the average attendence has been 28000. When the price dropped to $8, the average attendence rose to 33000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? $ Submit QuestionOptimization (2.7) Score: 5.17/8 8/8 answered X Question 6 C 0/1 pt 1 98 0 Details Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below A car wash reduced the price of a basic wash as a promotion and test of the market. With the price at $12 the average monthly sales has been 25000. When the price dropped to $9, the average monthly sales rose to 30000. Assume that monthly sales is linearly related to the price. What car wash price would maximize revenue? $ Hint: What is the derivative of the demand function? Question Help: C Video B Written Example Submit

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