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' Acompany produces a special new type of TV. The company has xed costs of $465,000, and it costs $1000 to produce each TV. The

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' Acompany produces a special new type of TV. The company has xed costs of $465,000, and it costs $1000 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 price should be set to earn maximum prole? It is $D per TV. l (Round answer to two decimal places.) Clear all

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