Home » Business Calculus » Business Calculus Optimization problems

Categories




Business Calculus Optimization problems

Demand Revenue Optimization example problem

A store has been selling 200 DVD burners a week at $350 each. A market survey indicates that for each $10 rebate offered to buyers, the number of units sold will increase by 20 a week. Find the demand function and the revenue function. How large a rebate should the store offer to maximize its revenue?

 

Solution to this Business Calculus Optimization practice problem is given in the video below!




Leave a comment

Your email address will not be published. Required fields are marked *




September 2023
S M T W T F S
 12
3456789
10111213141516
17181920212223
24252627282930

MathCabin.com 2019-2021 © All Rights Reserved.