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The Owner of Tastee Cookies Needs to Decide Whether to Lease

question 81

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The owner of Tastee Cookies needs to decide whether to lease a small, medium, or large new retail outlet. She estimates that monthly profits will vary with demand for her cookies as follows: The owner of Tastee Cookies needs to decide whether to lease a small, medium, or large new retail outlet. She estimates that monthly profits will vary with demand for her cookies as follows:   If she uses the Laplace criterion, what size outlet will she decide to lease? A)  small B)  medium C)  large D)  either small or medium E)  either medium or large If she uses the Laplace criterion, what size outlet will she decide to lease?


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