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Suppose the estimated sales for Project B is $80,000, and cost is $50,000. Estimation of sales is accurate within 8%, while estimation of cost is
Suppose the estimated sales for Project B is $80,000, and cost is $50,000. Estimation of sales is accurate within 8%, while estimation of cost is accurate within 5%. What is the best case gross profit in this case?
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$43,000
$33,900
$38,900
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