A company produces a special new type of TV. The company hasfixed costs of $471,000 and it costs $1200 to produce each Tv. Thecompany projects that if it charged $2300 for the TV it will sell700. If the company wants to sell 750 the price must be $2000.Assume a linear demand.
what price should the company charge to earn a profit of$679,000
It would need to charge..?
