What is the maximum profit that can be reached

Reference no: EM131008001

A company produces a special new type of TV. The company has fixed costs of $469,000, and it costs $1300 to produce each TV. The company projects that if it charges a price of $2300 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 $2000. Assume a linear demand. What is the maximum profit that can be reached?

Reference no: EM131008001

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