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Acompany produces a special new type of TV. The company has fixed costs of $499,000, and it costs ST100 to produce each TV. The company projects that if it charges a price of $2300 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 $2000. Assume a linear demand. What is the marginal profit if 200 TVs are produced It is $ per item. (Round answer to nearest dollar.)

Acompany produces a special new type of TV. The company has fixed costs of $499,000, and it costs ST100 to produce each TV. The company projects that if it charges a price of $2300 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 $2000. Assume a linear demand. What is the marginal profit if 200 TVs are produced It is $ per item. (Round answer to nearest dollar.)

Calculus: Early Transcendentals
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 $499,000, and it costs ST100 to produce each TV. The company projects that if it charges a price of $2300 for the TV, it will be able sel o5u T VS. If the company wants to sell 900 TVs however, it must lower the price to $2000. Assume a linear demand. What is the marginal profit if 200 TVs are produced It is $ per item. (Round answer to nearest dollar.) P. A company produces a special new type of TV. The company has fixed costs of $477,000, and it costs $1000 to produce each TV. The company projects that if it charges a price of $2400 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 $2100. Assume a linear demand. What are the company's profits if marginal profit is $0? The profit will $ (Round answer to nearest cent.) 14. A company produces computers. The demand equation for this computer is given by p(q) = - 5q + 6500. If the company has fixed costs of $5000 in a given month, and the variable costs are $500 per computer, how many computers are necessary for marginal revenue to be $0 per item? The number of computers is (Make sure to round to nearest integer. If more than one answer, separate by a comma.) A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 140 rooms will be rented. In order to rent 190 rooms, it must lower the price to $100 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ (Round answer to nearest dollar. If more than one answer, separate with a comma.) per room.
Transcribed Image Text:A company produces a special new type of TV. The company has fixed costs of $499,000, and it costs ST100 to produce each TV. The company projects that if it charges a price of $2300 for the TV, it will be able sel o5u T VS. If the company wants to sell 900 TVs however, it must lower the price to $2000. Assume a linear demand. What is the marginal profit if 200 TVs are produced It is $ per item. (Round answer to nearest dollar.) P. A company produces a special new type of TV. The company has fixed costs of $477,000, and it costs $1000 to produce each TV. The company projects that if it charges a price of $2400 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 $2100. Assume a linear demand. What are the company's profits if marginal profit is $0? The profit will $ (Round answer to nearest cent.) 14. A company produces computers. The demand equation for this computer is given by p(q) = - 5q + 6500. If the company has fixed costs of $5000 in a given month, and the variable costs are $500 per computer, how many computers are necessary for marginal revenue to be $0 per item? The number of computers is (Make sure to round to nearest integer. If more than one answer, separate by a comma.) A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 140 rooms will be rented. In order to rent 190 rooms, it must lower the price to $100 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ (Round answer to nearest dollar. If more than one answer, separate with a comma.) per room.
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