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jerico jerico
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9 years ago
Which option should Patrick choose to maximize income assuming there is a 40% probability that 70 units will be sold and a 60% probability that 40 units will be sold?
A) Option 1
B) Option 2
C) Option 3
D) All options maximize income equally.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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9 years ago
This solved my problem perfectly, thank you for your kind input.
wrote...
9 years ago
Sweet, you're welcome.
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