Question

A manufacture has been selling 1000 television sets a week at $510 each. A market survey...

A manufacture has been selling 1000 television sets a week at $510 each. A market survey indicates that for each $23 rebate offered to a buyer, the number of sets sold will increase by 230 per week.

c) If the weekly cost function is 85000+170x how should it set the size of the rebate to maximize its profit?

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