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Florist Florence buys flowers wholesale at $40 a bouquet. If she sells them at $50 a bouquet, she makes a $10 profit for each sale but she can only sell 500 bouquets. For every $1 she raises the price above $50, the number of bouquets she can sell will reduce by 10. To maximize her profit, what should be her selling price per bouquet?

 
 Dec 12, 2020

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