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Estimates of the financial information for a new product show the following information: Units Sold Probability Fixed cost $10,000 600 .35 Variable cost $6 /

Estimates of the financial information for a new product show the following information:

Units Sold Probability Fixed cost $10,000

600 .35 Variable cost $6 / unit

800 .45 Revenue $22 / unit

1000 .20

Simulate 100 trials and provide Average Profit

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