A bookstore buys and sells used textbooks. For a current sociology text, it has found that if it pays an average price of $34 for each used book, it will be able to buy 7 texts for resale and will have 65 customers who are willing to buy the texts after markup. If it pays $46 per used text, it will be able to buy 43 texts but will only be able to sell 14 of them. What price should it offer for the used texts in order to sell all that it buys? The bookstore should offer $ (Type a whole number.)
A bookstore buys and sells used textbooks. For a current sociology text, it has found that if it pays an average price of $34 for each used book, it will be able to buy 7 texts for resale and will have 65 customers who are willing to buy the texts after markup. If it pays $46 per used text, it will be able to buy 43 texts but will only be able to sell 14 of them. What price should it offer for the used texts in order to sell all that it buys? The bookstore should offer $ (Type a whole number.)
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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