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Suppose you are willing to pay $ 1 , 0 0 0 for a low - quality used car and $ 6 , 0 0
Suppose you are willing to pay $ for a lowquality used car and $ for a highquality used car. If there is a percent chance of getting a lowquality car and a percent chance of getting a highquality car, you are willing to pay $ for a used car. Enter your response rounded to the nearest dollar.
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