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Cooper plans to sell a new type of scanners in the coming season. He forecasts the demand to beDN(= 350,2= 1002). Cooper buys the product
Cooper plans to sell a new type of scanners in the coming season. He forecasts the demand to beDN(= 350,2= 1002). Cooper buys the product from the producer with the following contract:Cooper can buy at any time during the selling season; he will pay $70000 per unit for the first 320 unitpurchased, and $85000 per additional unit above 320. What is Coopers expected purchasing cost?
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