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Bond [772]
3 years ago
6

A manufacturer has been selling 1000 flat-screen TVs a week at $500 each. A market survey indicates that for A manufacturer has

been will increase by 100 per week. each $10 rebate offered to the buyer, the number of TVs sold
a) Find the demand function (price rho as a function of units sold x).

(b) How large a rebate should the company offer the buyer in order to maximize its revenue?

(c) If its weekly cost function is C(x) 68,000+100x, how should the manufacturer set the how should the manufacturer set the size of the rebate in order to maximize its profit?
Mathematics
1 answer:
luda_lava [24]3 years ago
5 0

Answer:

a) Demand function: q=6000-10\cdot p

b) The rebate should be of $200, so the sale price becomes $300 per unit.

c) The rebate should be of $150, so the sale price becomes $350 per unit.

Step-by-step explanation:

a) In this case, we have a known point of the demand function (1000 units sold at $500), and the slope of a linear function (increase by 100 units fora decrease in $10).

We can express the demand function (linear) as:

q=b+m\cdot p

To calculate the slope m, we use:

m=\Delta q/\Delta p=(+100)/(-10)=-10

To calculate b, we use the known point and the calculated slope:

q=b+m\cdot p\\\\b=q-m\cdot p=1000-(-10)\cdot (500)=1000+5000=6000

Then the demand function is:

q=6000-10\cdot p

b) The revenue can be expressed as:

R=q\cdot p = (6000-10p)\cdot p=6000p-10p^2

To maximize, we can derive and equal to zero

dR/dp=6000-2*10p=0\\\\20p=6000\\\\p=300

The rebate should be of $200, so the sale price becomes $300 per unit.

c) If we take into account the cost, we have that

R=q\cdot p-C=(6000p-10p^2)-(68000+100q)\\\\R=(6000p-10p^2)-(68000+100(6000-10p))\\\\R=6000p-10p^2-(68000+600000-1000p)\\\\R=-10p^2+7000p-668000

To maximize, we can derive and equal to zero

dR/dp=-20p+7000=0\\\\p=7000/20=350

The rebate should be of $150, so the sale price becomes $350 per unit.

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Step-by-step explanation:

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8 0
2 years ago
What is the surface area of the prism in square feet?
frutty [35]

The surface area of the rectangular prism is 52 square feet (ft^{2}), if the height is 4 feet, width is 3 feet and depth is 2 feet.

Step-by-step explanation:

          The given is,

                    A rectangular prism of

                     Let, h - height of the rectangular prism

                            w - Width of the rectangular prism

                            d - Depth of the rectangular prism

Step:1

        From given,

                     h = 4 feet

                     w = 3 feet

                     d = 2 feet

Step:2

        Formula to calculate the surface area of the rectangular prism is,

                      A = 2 (wd+hd+hw)

       Substitute the values of w,d and h

                           = 2 [(3×2) + (4×2) + (4×3)]

                           = 2 (6+8+12)

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Result:

        Thus the surface area of the rectangular prism is 52 square feet (ft^{2}), if the height is 4 feet, width is 3 feet and depth is 2 feet.

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Answer:  The number of girls in the auditorium is represented by the algebraic expression y=(4x +72) /5

Step-by-step explanation:

Hi, to answer this question we have to analyze the information given:

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