A company produces a special new type of TV. The company has fixed costs of...
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Finance
A company produces a special new type of TV. The company has fixed costs of $484,000, and it costs $1200 to produce each TV. The company projects that if it charges a price of $2300 for the TV, it will be able to sell 700TVs. If the company wants to sell 750TVs, however, it must lower the price to $2000. Assume a linear demand. What price should the company charge to earn a profit of $666,000? It would need to charge $ (Round answer to nearest dollar. If more than one answer, separate with a comma.)
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