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The Owner of Tastee Cookies Needs to Decide Whether to Lease

Question 46

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 large facility? A) 0-0.25 B) 0-0.33 C) 0.25-0.5 D) 0.33-1 E) 0.5-1
For what range of probability that demand will be high, will she decide to lease the large facility?


A) 0-0.25
B) 0-0.33
C) 0.25-0.5
D) 0.33-1
E) 0.5-1

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