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lemming plastics estimate a 30% probability that sales of pink flamingo ornaments in the summer of 2021 will be 70,000 units about the same as
lemming plastics estimate a 30% probability that sales of pink flamingo ornaments in the summer of 2021 will be 70,000 units about the same as in 2020. they believe there is a 60% probability that they will go viral and potential sales would be 70,000. there is also a 10% probability that restrictive zoning ordinances will limit sales to 30,000 units. what are the expected unit sales a) 70,000 b)56,666 c)66,000 d)50,000
a) 70,000
b)56,666
c)66,000
d)50,000
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