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Given the Following Opportunity Loss Function,determine the Loss When 1,100

Question 10

Multiple Choice

Given the following opportunity loss function,determine the loss when 1,100 units are sold. Opportunity loss = 3 (1,000 - X) for X ≤ 1,000,otherwise 0.


A) 0
B) -300
C) 300
D) 3
E) 600

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