I have a optimization problem that I have no idea where to start

[dogelord118]

Ok, this is the problem
Person A and B sells item x for $200 per x, and they manage to sell 150 per month.
Person B says that if they offer a rebate of $15 per object x, they will sell an additional 50 item x's per month.

Who is correct?
What is the rebate that should be offered?
What price with maximize their revenue?

 

[Deleted member 4993]

Ok, this is the problem
Person A and B sells item x for $200 per x, and they manage to sell 150 per month.
Person B says that if they offer a rebate of $15 per object x, they will sell an additional 50 item x's per month.

Who is correct?
What is the rebate that should be offered?
What price with maximize their revenue?

Since you do not know where to start - we will start with basic questions.

What is meant by - Person A and B sells item x for $200 per x ?

 

[Steven G]

There is something missing here, correct?