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The manufacturer of color televisions can sell 1 6 0 0 sets to his dealers at $ 4 7 8 each. If the price is
The manufacturer of color televisions can sell sets to his dealers at $ each. If the price is $ he can sell sets. The total cost of producing television sets is 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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