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Business, 15.02.2021 18:00 bartlettcs9817

Shutting down a production line the company could keep the inventory for a future sale of 250000. On second hand market 0.4 chance a random buyer will pay 3000000 a 0.25 chance for the buyer will pay 350000, a 0.1 chance the buyer will pay 400000, and a 0.25 chance it will not sell. What price maximizes profits

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