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We use the profit concept, and doing this, it is found that if 150 televisions are sold, the profit is $50,700.
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Profit is given by revenue subtracted by cost.
In this question:
- Revenue:
- Cost:
Thus, the profit of selling x televisions is:
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For 150 televisions, we have P(150), so:
If 150 televisions are sold, the profit is $50,700.
A similar question is given at brainly.com/question/14469903