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Suppose Apple plans to produce 10.7 million iPhones this year. The company expects to sell 7.8 million. Suppose that at the end of the year,

Suppose Apple plans to produce 10.7 million iPhones this year. The company expects to sell 7.8 million. Suppose that at the end of the year, Apple has sold 8.7 million iPhones. What is the level of actual inventories?

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