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The Owner of Tastee Cookies Needs to Decide Whether to Lease

Question 34

Multiple Choice

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: For what range of probability that demand will be high,will she decide to lease the small facility? A) 0 - .25 B) 0 - .33 C) .25 - .5 D) .33 - 1 E) .5 - 1 For what range of probability that demand will be high,will she decide to lease the small facility?


A) 0 - .25
B) 0 - .33
C) .25 - .5
D) .33 - 1
E) .5 - 1

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