A company produces a special new type of TV. The company has fixed costs of $456,000, and it costs $1500 to produce each TV. The company projects that if it charges a price of $2500 for the TV, it will be able to sell 700 TVs. If the company wants to sell 750 TVs, however, it must lower the price to $2200. Assume a linear demand.
What are the company's profits if marginal profit is $0?
The profit will