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The Manager of Paul's Fruit and Vegetable Store Is Considering

Question 44

Multiple Choice

The manager of Paul's fruit and vegetable store is considering the purchase of a new seedless watermelon from a wholesale distributor. Since this seedless watermelon costs $4, will sell for $7, and is highly perishable, he only expects to sell between 6 and 9 of them. What is the payoff value for the purchase of 7 watermelons when the demand is for 6 watermelons?


A) 14
B) 18
C) 21
D) 24

Correct Answer:

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