Question: 1. (Optimization Problem) A store has been selling TV monitors at x dollars each. A market survey indicates that for each $1 rebate offered to

1. (Optimization Problem) A store has been selling TV monitors at x dollars each. A market survey indicates that for each $1 rebate offered to buyers, the number of monitors sold will increase by 500 x per week. Find the demand function and the revenue function. How large a rebate should the store offer to maximize revenue

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