A company produces a special new type of TV. The company has fixed costs of $494,000, and it costs $1400 to produce each TV. The company projects that i a y ce charges a price of $2500 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 $2200. Assume a linear demand. urs What are the company's profits if marginal profit is $0? The proft will s (ound anower to nearest cent.) wien wiab

Elementary Geometry For College Students, 7e
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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 $494,000, and it costs $1400 to produce each TV. The company projects that ia
O My Ce charges a price of $2500 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 $2200. Assume a linear demand.
Cours
What are the company's profits if marginal profit is $0?
The proft will S
(ound anower to nearest cent.)
Anno
Calen
Syllab
Hom
Transcribed Image Text:A company produces a special new type of TV. The company has fixed costs of $494,000, and it costs $1400 to produce each TV. The company projects that ia O My Ce charges a price of $2500 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 $2200. Assume a linear demand. Cours What are the company's profits if marginal profit is $0? The proft will S (ound anower to nearest cent.) Anno Calen Syllab Hom
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