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​You Expect One-Third of Your Customers to Be High Value,willing

question 80

Multiple Choice

​You expect one-third of your customers to be high value,willing to pay $9 for your product,and the other two-thirds to be low value customers willing to pay only $3.You cannot tell them apart.If the product costs $3,and you charge $9,what is your expected profit?

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An educational institution designed for instruction, examination, or both, of students in many branches of advanced learning.

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