A company produces a special new type of TV. The company has fixed costs of $470,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2400 for the TV, it will be able to sell 700 TVs. If the company wants to sell 750 TVs, however, it must lower the price to $2100. Assume a linear demand. What is the marginal profit if 250 TVs are produced It is $enter your response here per item. (Round answer to nearest dollar.)
A company produces a special new type of TV. The company has fixed costs of $470,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2400 for the TV, it will be able to sell 700 TVs. If the company wants to sell 750 TVs, however, it must lower the price to $2100. Assume a linear demand. What is the marginal profit if 250 TVs are produced It is $enter your response here per item. (Round answer to nearest dollar.)
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.5: More Area Relationships In The Circle
Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...
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A company produces a special new type of TV. The company has fixed costs of
$470,000,
and it costs
$1200
to produce each TV. The company projects that if it charges a price of
$2400
for the TV, it will be able to sell
700
TVs. If the company wants to sell
750
TVs, however, it must lower the price to
$2100.
Assume a linear demand.What is the marginal profit if
250
TVs are producedIt is
$enter your response here
per item.(Round answer to nearest dollar.)
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