Business
Business, 01.04.2021 20:40, 25mnauman

A company makes electronic gadgets. 2% are faulty, the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $103 profit on each sale, but suffers a loss of $11 for every faulty gadget because they have to repair the unit. What is the profit(or loss) the company can expect to make from selling 100 units

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A company makes electronic gadgets. 2% are faulty, the company doesn't know which ones are faulty un...

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