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January 27, 2015

January 27, 2015

Posted by **Kay** on Saturday, December 9, 2006 at 2:30pm.

Boy. those are expensive donuts. And what a strange demand curve Matt faces.

Use algebra. Total costs are 1500+300+(2*1000) = $3800.

If he manages to sell hs 1000 donuts for 5.80 each, total revenue is $5800 giving him a $2000 cash profit.

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