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OpenStudy (anonymous):
A catalog that sells sweatshirts has the following prices Purchased 50 100 150 200 250 300 350 Cost 250 375 500 600 700 825 950 The linear regression is y=2.29x+142.86 If the standard markup is 500% at what price should you advertise the shirts? How many shirts will you need sell to pay for the cost of purchasing the shirts?
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