A store sells original local and imported compact disks. The owners buy the local CD for $200 then sell it for $450; and buy an imported CD for $450 then sell it for $800. They can buy 200 to 350 pieces local CD and import 150 to 300 pieces of imported CD but more than 500 pieces of both. How many pieces of local and imported CD should they buy to maximize their profit?
A store sells original local and imported compact disks. The owners buy the local CD for $200 then sell it for $450; and buy an imported CD for $450 then sell it for $800. They can buy 200 to 350 pieces local CD and import 150 to 300 pieces of imported CD but more than 500 pieces of both. How many pieces of local and imported CD should they buy to maximize their profit?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A store sells original local and imported compact disks. The owners buy the local CD for $200 then sell it for $450; and buy an imported CD for $450 then sell it for $800. They can buy 200 to 350 pieces local CD and import 150 to 300 pieces of imported CD but more than 500 pieces of both. How many pieces of local and imported CD should they buy to maximize their profit?
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