The Bangor Coat Factory found that the number of coats sold N varies directly as their advertising budget A and inversely as the price of each coat P. The Bangor Coat Factory sold 10,800 coats when $30,000 was spent on advertising and the price of a coat was set at $50. Determine the number of coats sold when the amount spent on advertising is increased to $70,000
a) 3888 coats b) 24480 c) 1400 d) 25200
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