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You operate a bakery. You buy cakes from a supplier who charges you $6 per cake. Government regulations dictate that you can only charge a price between $12 and $24 per cake. Your research shows that if you were to charge $x per cake, you would sell 180 x2 cakes per week. (a) How much will you charge per cake? (b) How much would you charge if there were no government regulations?
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