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Lee sells bikes for $1,000.00 each. In the first year, he sold 500 bikes. During that year, four people became injured while using his bikes,
Lee sells bikes for $1,000.00 each. In the first year, he sold 500 bikes. During that year, four people became injured while using his bikes, costing an average of $40,000.00 each in medical bills. In order to make the product safer, he would need to add a brake modulator, which would cost $10 per bike.Would it be cost-effective to add the modulator?
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