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Business, 27.02.2020 18:32 vale2652

The publisher offers the following scheme to Dan. At the end of the season, the publisher will buy back unsold copies at a pre-determined price of $17.00. However, Dan would have to bear the costs of shipping unsold copies back to the publisher at $1.00 per copy. What is the quantity that Dan should order, to maximize his expected profits?

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The publisher offers the following scheme to Dan. At the end of the season, the publisher will buy b...
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