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

Question 2

Multiple Choice

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


A) 6
B) 13
C) 20
D) 27

Correct Answer:

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