Business, 28.10.2019 22:31 j015

Suppose the store owner actually pays $2.00 for each copy of the magazine and the price to customers is $4.00. if magazines left at the end of the week have no salvage value, is it better to order three or four copies of the magazine? [hint: for both three and four copies ordered, express net revenue as a function of demand x, and then compute the expected revenue.

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Suppose the store owner actually pays $2.00 for each copy of the magazine and the price to customers...

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