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    Maximizing profit on the sale of widgets

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    You can sell widgets for $50/Y, where Y is the number of widgets you sell. In other words, the more widgets you sell, the lower the price. It costs $1.5Y to make Y widgets. Using Excel, how many widgets do you make to maximize your profits?

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    Please see the attached excel spreadsheet.

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    Solution Summary

    In Excel, the solution is demonstrated and solved.