Assignment Detail


What is the profit or loss the company can expect

    Assignment Instructions

    Assignment ID: FG133134362

    Question – A company makes electronic gadgets. 2% are faulty, the company doesn’t know which ones are faulty until a buyer complains. Suppose the company makes a $147 profit on each sale, but suffers a loss of $7 for every faulty gadget because they have to repair the unit. What is the profit (or loss) the company can expect to make from selling 100 units?

    Need fresh solution to this Assignment without plagiarism?? Get Quote Now

    Expert Answer

    Asked by: Anonymous
    Plagiarism Checked
    Answer Rating:

    Plagiarism free Answer files are strictly restricted for download to the student who originally posted this question.

    Related Assignments

    Our customer support team is here to answer your questions. You can send Assignments directly to support team.
    👋 Hi, how can I help?