Which Option Should Patrick Choose to Maximize Income Assuming There

question 58

Multiple Choice

Which option should Patrick choose to maximize income assuming there is a 40% probability that 70 units will be sold and a 60% probability that 40 units will be sold?

• A) Options two and three are equivalent.
• B) All options maximize income equally.
• C) Option one
• D) Option two
• E) Option three

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