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A company produces a special new type of TV. The company has fixed costs of $454,000, and it costs $1100 to produce each TV. The company projects that if it charges a price of $2500 for the TV, it will be able to sell 750 TVs. If the company wants to sell 800 TVs, however, it must lower the price to $2200. Assume a linear demand. How many TVs must the company sell to earn $2,035,000 in revenue? It needs to sell TVs. (Round answer to nearest integer. If more than one answer, separate with a comma.)

A company produces a special new type of TV. The company has fixed costs of $454,000, and it costs $1100 to produce each TV. The company projects that if it charges a price of $2500 for the TV, it will be able to sell 750 TVs. If the company wants to sell 800 TVs, however, it must lower the price to $2200. Assume a linear demand. How many TVs must the company sell to earn $2,035,000 in revenue? It needs to sell TVs. (Round answer to nearest integer. If more than one answer, separate with a comma.)

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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A company produces a special new type of TV. The company has fixed costs of $454,000, and it costs $1100 to produce each TV. The company projects that if it charges a price of $2500 for the TV, it will be able to sell 750 TVs. If the company wants to sell 800 TVs, however, it must lower the price to $2200. Assume a linear demand. How many TVs must the company sell to earn $2,035,000 in revenue? It needs to sell TVs. (Round answer to nearest integer. If more than one answer, separate with a comma.)
Transcribed Image Text:A company produces a special new type of TV. The company has fixed costs of $454,000, and it costs $1100 to produce each TV. The company projects that if it charges a price of $2500 for the TV, it will be able to sell 750 TVs. If the company wants to sell 800 TVs, however, it must lower the price to $2200. Assume a linear demand. How many TVs must the company sell to earn $2,035,000 in revenue? It needs to sell TVs. (Round answer to nearest integer. If more than one answer, separate with a comma.)
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