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Title: A fruit retailer buys 50 pounds of apples from the wholesale market every day. The retailer has ... Post by: AndrewKraus on May 23, 2017 A fruit retailer buys 50 pounds of apples from the wholesale market every day. The retailer has observed that 20% of the apples bought each time are not of good quality. Because it is not possible for the retailer to check each apple before buying, how much should he pay for each pound if he values good apples for $1.40 per pound while he has a value of zero for bad quality apples?
A) $1.12 per pound B) $1.20 per pound C) $1.40 per pound D) $2 per pound Title: Re: A fruit retailer buys 50 pounds of apples from the wholesale market every day. The retailer has ... Post by: lostein on May 23, 2017 Content hidden
Title: Re: A fruit retailer buys 50 pounds of apples from the wholesale market every day. The retailer has ... Post by: AndrewKraus on Jun 24, 2017 This helps with my assignment big time
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