A fashion boutique retailer sells 2,000 designer purses each year. The boutique pays $250 per...

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Accounting

A fashion boutique retailer sells 2,000 designer purses each year. The boutique pays $250 per purse to place
an order, and it costs the boutique $50 per year to carry the product.
How many purses, approximately, should the fashion boutique purchase per order, considering these costs
and sales?
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