A company produces a special new type of TV. The company has fixed costs of $491,000, and it costs $1200 to produce each TV. The company projects that charges a price of $2600 for the TV, it will be able to sell 800 TVs. If the company wants to sell 850 TVs, however, it must lower the price to $2300 Assume a linear demand. What is the marginal profit if 250 TVs are produced It is $per item. (Round answer to nearest dollar.)
A company produces a special new type of TV. The company has fixed costs of $491,000, and it costs $1200 to produce each TV. The company projects that charges a price of $2600 for the TV, it will be able to sell 800 TVs. If the company wants to sell 850 TVs, however, it must lower the price to $2300 Assume a linear demand. What is the marginal profit if 250 TVs are produced It is $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 $491,000, and it costs $1200 to produce each TV. The company projects that R
o charges a price of $2600 for the TV, it will be able to sell 800 TVs. If the company wants to sell 850 TVs, however, it must lower the price to $2300 Assume a linea
demand.
What is the marginal profit if 250 TVs are produced
It is $per item.
(Round answer to nearest dollar.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F14507f8b-d82c-4ce9-b933-f72d266761a2%2F951c9793-d82c-472f-998b-c412db4ef548%2Fxhksq7t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A company produces a special new type of TV. The company has fixed costs of $491,000, and it costs $1200 to produce each TV. The company projects that R
o charges a price of $2600 for the TV, it will be able to sell 800 TVs. If the company wants to sell 850 TVs, however, it must lower the price to $2300 Assume a linea
demand.
What is the marginal profit if 250 TVs are produced
It is $per item.
(Round answer to nearest dollar.)
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