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A company produces a special new type of TV. The company has fixed costs of ​$471,000...

A company produces a special new type of TV. The company has fixed costs of

​$471,000 and it costs $1200 to produce each TV. The company projects that if it charges a price of

​$2300 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 ​$2000 Assume a linear demand.

What price should the company charge to earn a profit of ​$679,000

Math   Calculus   
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