The manufacturer of color televisions can sell 1600 sets to his dealers at $478 each. If the price is $350, he can sell 2400 sets. The total cost of producing x televisi
The manufacturer of color televisions can sell 1600 sets to his dealers at $478 each. If the price is $350, he can sell 2400 sets. The total cost of producing x televisi
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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The manufacturer of color televisions can sell 1600 sets to his dealers at $478 each. If the price is $350, he can sell 2400 sets. The total cost of producing x television sets is C(x)=3800+328x−0.09x^2.Assuming the demand function is linear, find the price per set that will maximize profit. Round your answer to the nearest cent, if necessary.
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