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Mathematics
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The Acme Widget Company has found that if widgets are priced at $ 351, then 44000 will be sold. They have also found that for every increase of $ 18, there will be 900 fewer widgets sold. The marginal cost of widgets is $ 105.3. The fixed costs for the Acme Widget Company are $ 30000. If represents the price of a widget find the following in terms of : The number of widgets that will be sold: The revenue generated by the sale of widgets: The cost of producing just enough widgets to meet demand: The profit from selling widgets:
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