1) A company producing stereos can produce a stereo for $115 on top of the company's annual fixed cost of $512000. If
Posted: Sun Sep 05, 2021 5:07 pm
1)
A company producing stereos can produce a stereo for $115 on top
of the company's annual fixed cost of $512000. If the price
(demand) function for the stereos is given by p(q)=-0.95q+45000,
how stereos must the company produce and sell to earn a profit of
$2,625,295?
2) A company produces a special new type of TV. The company
has fixed costs of $490,000, and it costs $1200 to produce each
TV. The company projects that if it charges a price of $2200 for
the TV, it will be able to sell 750 TVs. If the company wants to
sell 800 TVs, however, it must
lower the price to $1900. Assume a linear demand. What price
should the company charge to earn a profit of $720,000?
3) A company produces a special new type of TV. The company
has fixed costs of $466,000, and it costs $ 1300to produce each
TV. The company projects that if it charges a price of $2400 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 $2100. Assume a
linear demand.
How many TVs must the company sell to earn $2,340,000 in
revenue?
A company producing stereos can produce a stereo for $115 on top
of the company's annual fixed cost of $512000. If the price
(demand) function for the stereos is given by p(q)=-0.95q+45000,
how stereos must the company produce and sell to earn a profit of
$2,625,295?
2) A company produces a special new type of TV. The company
has fixed costs of $490,000, and it costs $1200 to produce each
TV. The company projects that if it charges a price of $2200 for
the TV, it will be able to sell 750 TVs. If the company wants to
sell 800 TVs, however, it must
lower the price to $1900. Assume a linear demand. What price
should the company charge to earn a profit of $720,000?
3) A company produces a special new type of TV. The company
has fixed costs of $466,000, and it costs $ 1300to produce each
TV. The company projects that if it charges a price of $2400 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 $2100. Assume a
linear demand.
How many TVs must the company sell to earn $2,340,000 in
revenue?