A company produces a special new type of TV The company has co able to sell 800 TVs. If the company wants to sell 850 TVs, however, it must lower the price to $1000. Assume a linear demand. What price should the company charge to earn a profit of $883,0007 It would need to charge 5 (Round answer to nearest dollar. If more than one answer, separate with a comma)

A company produces a special new type of TV The company has co able to sell 800 TVs. If the company wants to sell 850 TVs, however, it must lower the price to $1000. Assume a linear demand. What price should the company charge to earn a profit of $883,0007 It would need to charge 5 (Round answer to nearest dollar. If more than one answer, separate with a comma)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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