A manufacturer has been selling 1300 television sets a week at $450 each. A market survey indicates that for each $26 rebate offered to the buyer, the number of sets sold will increase by 260 per week.
(a) Find the demand function.
(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+150x, how should the manufacturer set the size of the rebate in order to maximize its profit?