1. A company produces a special new type of TV. The company has fixed costs of $485,000, 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 price should the company charge to earn a profit of $945,000? It would need to charge $______?

2. A beverage company produces bottled water. Each bottle costs the company $0.03 to produce, and the company has fixed costs of $1700 each week. If the company sells the bottled water for $1.25 per bottle, what profit does the company earn by producing and selling 3700 bottles of water in a week? What is the profit earned by selling 3700 bottles? The profit (or lose) is $______?

3. A company produces a special new type of TV. The company has fixed costs of $451,000, and it costs $1300 to produce each TV. The company projects that if it charges a price of $2500 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 $2200. Assume a linear demand. If the company sets the price of the TV to be $3700, how many can it expect to sell? It can expect to sell _____ TVs