A retailer has been selling 1200 tablet computers a week at $350 each. The marketing department...

A retailer has been selling 1200 tablet computers a week at $350 each. The marketing department estimates that an additional 80 tablets will sell each week for every $10 that the price is lowered.
what is p(x) =
what price should be set for max revenue
If the retailer's weekly cost function is C(x) = 35,000 + 130x what price should it choose in order to maximize its profit?

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milcah answered 2 years ago

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A retailer has been selling 1200 tablet computers a week at $350 each. The marketing department...

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