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Personal Touch Produces and Markets Beaded Purses

Question 30

Multiple Choice

Personal Touch produces and markets beaded purses.When graphed,the demand schedule for its purses is a straight line.If one purse costs $20,5,000 beaded purses are sold.At $25,4,500 purses are sold.How many beaded purses will be sold if the price per purse is increased to $30?


A) 5,500
B) 4,250
C) 4,000
D) 3,750
E) 3,500

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