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One of the businesses the town of Backwater, KS is famous for is Debbie's Greenhouse specializing in growing irises and tulips. Debbie sells them to
One of the businesses the town of Backwater, KS is famous for is Debbie's Greenhouse specializing in growing irises and tulips. Debbie sells them to flower shops all across Kansas. The cost of raising each flower is 20 cents, plus Debbie has to pay $3000 annually to cover the cost of the capital equipment she uses. The inverse demand relationship P=1-Q/100,000
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