Astore has been selling 300 dvd burners sold per week at 350 each. a market survey indicates that for each $ 30 rebate offered to buyers, the number of units 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?

3 times rebate will maximize its revenue

Step-by-step explanation:

Given that a store has been selling 300 DVD burners sold per week at 350 each

A market survey indicates that for each $ 30 rebate offered to buyers, the number of units sold will increase by 60 a week.

If x times rebate is offered then units sold would be 300+60x

Thus original revenue

After rebate of x times 30 dollars we have

New revenue

Equate first derivative to 0 to get

x=

i.e. 3 times rebate will maximize its revenue

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a

step-by-step explanation:

strong negative correlation