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In recent years, the demand for a seasonal product has had the following pattern. It costs $80 to buy each unit and the selling price

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In recent years, the demand for a seasonal product has had the following pattern. It costs $80 to buy each unit and the selling price is $120. a. How many units would you buy for the season? (50p) b. What is the expected profit? (20p) c. Would your decision change if the product has a scrap value of $20 ? (30p)

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