A company produces a special new type of TV. The company has fixed costs of $488,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2400 for the TV, it will be able to sell 850 TVs. If the company wants to sell 900 TVs, however, it must lower the price to $2100. Assume a linear demand. How many TVs must the company sell to earn $2,340,000 in revenue? TVs. It needs to sell (Round answer to nearest integer. If more than one answer, separate with a comma.) ked Sco bmis estion

A company produces a special new type of TV. The company has fixed costs of $488,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2400 for the TV, it will be able to sell 850 TVs. If the company wants to sell 900 TVs, however, it must lower the price to $2100. Assume a linear demand. How many TVs must the company sell to earn $2,340,000 in revenue? TVs. It needs to sell (Round answer to nearest integer. If more than one answer, separate with a comma.) ked Sco bmis estion

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 23EQ: 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes...

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