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Mathematics, 04.02.2020 00:12 glowbaby123

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? a. loss of $15.10 b. loss of $15 c. profit of $2.90 d. profit of $3.00

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