The manufacturer of color televisions can sell 1100 sets to his dealers at $350 each. If the price is $310, he can sell 1600 sets. The total cost of producing x television sets is C(x) = 3300 + 248x – 0.03x². Assuming the demand function is linear, find the price per set that will maximize profit. Round your answer to the nearest cent, if necessary. Answer I Keypad Keyboard Shortcuts

Intermediate Algebra
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ISBN:9780998625720
Author:Lynn Marecek
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Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.59TI: The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32....
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The manufacturer of color televisions can sell 1100 sets to his dealers at $350 each. If the price is $310, he can sell 1600 sets. The total cost of producing x television
sets is C(x) = 3300 + 248x – 0.03x². Assuming the demand function is linear, find the price per set that will maximize profit. Round your answer to the nearest cent,
if necessary.
Answer
E Keypad
Keyboard Shortcuts
Transcribed Image Text:The manufacturer of color televisions can sell 1100 sets to his dealers at $350 each. If the price is $310, he can sell 1600 sets. The total cost of producing x television sets is C(x) = 3300 + 248x – 0.03x². Assuming the demand function is linear, find the price per set that will maximize profit. Round your answer to the nearest cent, if necessary. Answer E Keypad Keyboard Shortcuts
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