The demand for your college newspaper is 2,000 copies per week if the paper is given a way free of charge, and the demand drops to 1,000 if the charge is $0.25 per copy. However, the university is prepared to supply only 600 copies per week free of charge but will supply 3,600 per week at $0.50 per copy. At what price should the college newspapers be sold so that there is neither a surplus nor a shortage of papers Round your answer to two decimal places.
$ __________
Correct Answer:
Verified
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