SOLUTION: 1. The Gizmo electronic device was first sold in 2000. In 2001 the price was raised $8. In 2002, the price was lowered $14 because of lower demand. In 2003, a competing device was

SOLUTION: 1. The Gizmo electronic device was first sold in 2000. In 2001 the price was raised $8. In 2002, the price was lowered $14 because of lower demand. In 2003, a competing device was

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Question 1095310: 1. The Gizmo electronic device was first sold in 2000. In 2001 the price was raised $8. In 2002, the price was lowered $14 because of lower demand. In 2003, a competing device was introduced and the price of the Gizmo was cut in half to $18. Find the original price of the Gizmo.
Answer by CubeyThePenguin(3113) (Show Source): You can put this solution on YOUR website!
original price: x

2001: x + 8

2002: x - 6

2003: (x-6)/2 = 18
x - 6 = 36

x = $42
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