Anna's Antiques expects to get two customers for a unique china teacup it sells. Each of the

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Anna's Antiques expects to get two customers for a unique china teacup it sells.Each of the customers can either have a high-value of $100 or a low-value of $70 with equal probability.What is the expected revenue from setting the price at $100?

Posted Date: Jun 14, 2024 02:26 AM

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Anna's Antiques expects to get two customers for a unique china teacup it sells. Each of the

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