A bookstore buys and sells used textbooks. For a current sociology text, it has found that if it pays an average price of $34 for each used book, it will be able to buy 7 texts for resale and will have 65 customers who are willing to buy the texts after markup. If it pays $46 per used text, it will be able to buy 43 texts but will only be able to sell 14 of them. What price should it offer for the used texts in order to sell all that it buys? The bookstore should offer $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
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A bookstore buys and sells used textbooks. For a current sociology text, it has found that if it pays an average price of $34 for each used book, it will be able to buy
7 texts for resale and will have 65 customers who are willing to buy the texts after markup. If it pays $46 per used text, it will be able to buy 43 texts but will only be
able to sell 14 of them. What price should it offer for the used texts in order to sell all that it buys?
The bookstore should offer $
(Type a whole number.)
Transcribed Image Text:A bookstore buys and sells used textbooks. For a current sociology text, it has found that if it pays an average price of $34 for each used book, it will be able to buy 7 texts for resale and will have 65 customers who are willing to buy the texts after markup. If it pays $46 per used text, it will be able to buy 43 texts but will only be able to sell 14 of them. What price should it offer for the used texts in order to sell all that it buys? The bookstore should offer $ (Type a whole number.)
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