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A company produces a special new type of TV. The company has fixed costs of 494,000​,...

A company produces a special new type of TV. The company has fixed costs of

494,000​,

and it costs

​$1500

to produce each TV. The company projects that if it charges a price of

​$2400

for the​ TV, it will be able to sell

800

TVs. If the company wants to sell

850850

​TVs, however, it must lower the price to

​$21002100.

Assume a linear demand.

What is the marginal profit if

200

TVs are produced

It is

​$nothing

per item.

business   accounting   
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Answer #1
Units 800 850 200
Selling Price $2,400 1920000 1785000 480000
Variable cost per unit $1,500 1200000 1275000 300000
720000 510000 180000
Fixed Cost -494000 -494000 -494000
Profit 226000 16000 -314000
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