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OpenStudy (anonymous):
Circuit City has been selling 70 television sets a week at $540 each. A market survey indicates that for each $30 rebate offered to a buyer, the number of sets sold will increase by 5 per week. How large a rebate should Circuit City offer a buyer in order to maximize its revenue? 1. none of these 2. rebate = $65 3. rebate = $60 4. rebate = $70 5. rebate = $80 6. rebate = $75
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