A company produces a special new type of TV. The company has fixed costs of $497,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2600 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 $2300. Assume a linear demand. What price should the company charge to earn a profit of $933,000? It would need to charge $ (Round answer to nearest dollar. If more than one answer, separate with a comma.)
A company produces a special new type of TV. The company has fixed costs of $497,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2600 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 $2300. Assume a linear demand. What price should the company charge to earn a profit of $933,000? It would need to charge $ (Round answer to nearest dollar. If more than one answer, separate with a comma.)
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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Transcribed Image Text:A company produces a special new type of TV. The company has fixed costs of $497,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2600 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 $2300. Assume a linear demand.
What price should the company charge to earn a profit of $933,000?
It would need to charge $
(Round answer to nearest dollar. If more than one answer, separate with a comma.)
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