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Question 17 3 pts Your are the buyer for Xavier Universitybookstore. One of the textbooks has a cost to you of $100 each copyand you
Question 17 3 pts Your are the buyer for Xavier Universitybookstore. One of the textbooks has a cost to you of $100 each copyand you sell it to students for $175 each. Any copies of the bookthat you order and do not sell to students can be returned to thepublisher for an average $60 credit. The demand for the textbook inthe new semester is estimated to be the following: Demand QuantityProbability 50 0.20 80 0.50 120 0.30 Professor Wilson at XUinvented a new software which can predict perfect demand quantityall the time. With this new system in place to order books, what isyour average real profit for carrying this book in the newsemester? $6450 $9000 $5160 $3750
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