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A Small Company Sold 1000 Widgets This Year at a Price

Question 43

Multiple Choice

A small company sold 1000 widgets this year at a price of $10 each. If the price increases at rate of $1.25 per year and the quantity sold increases at a rate of 250 widgets per year, at what rate will revenue increase?


A) $312.5/year
B) $3750/year
C) $1250/year
D) $4062.5/year

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