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Mathematics, 20.10.2019 00:30 stinematesa

Acompany makes a $5 profit on each non-faulty product it sells. approximately 2% of the products manufactured are faulty, with no way to discover which ones are faulty before delivery. if replacement-and-repair costs for the faulty products are $100 each, what is the profit per item?

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Acompany makes a $5 profit on each non-faulty product it sells. approximately 2% of the products man...
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