Question

A company produces a special new type of TV. The company has fixed costs of $466,000...

A company produces a special new type of TV. The company has fixed costs of $466,000 and it costs $1200 to produce each Tv the company projects that if it charges a price of 2200 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 $1900.

Assume a linear demand.

How many TVs must the company sell to earn 2,040,000 in​ revenue?

It needs to sell how mant TVs.

Homework Answers

Answer #1

there is no use of cost.

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