A company produces a special new type of TV. The company has fixed costs of ​$485,000​, and it costs $1400 to produce each TV. The company projects that if it charges a price of $2400 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 $2100. Assume a linear demand.   What are the​ company's profits if marginal profit is​ $0?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A company produces a special new type of TV. The company has fixed costs of ​$485,000​, and it costs $1400 to produce each TV. The company projects that if it charges a price of $2400
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 $2100.
Assume a linear demand.
 
What are the​ company's profits if marginal profit is​ $0?
 
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