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calculators from government sources and could purchase up to 4 , 2 9 0 a month. His bid of $ 4 . 4 0 per
calculators from government sources and could purchase up to a month. His bid of $ per calculator had won the contract to purchase the surplus calculators. He invested $ in an automated engraving machine and started selling personalized calculators through a network of army surplus stores and VFW posts.
Pricing was a problem, however. First he had to consider that, on average, his resellers charged margins and were content to sell at his recommended retail prices as long as they received their margins. Second, he thought it cost him $ in labor and materials to engrave customized messages. For several months he sold an average of calculators per month at a retail selling price of $ per customized calculator. His wife suggested he could watch more lacrosse if he charged higher prices and sold fewer calculators. Phil raised the price to $ and saw the number of calculators sold drop to
Agaln, assuming the pricequantity relationship is linear, what quantity would be sold at price MWB
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