Consider the Following to Answer the Question(s) Below

Multiple Choice

Consider the following to answer the question(s) below:
A company believes that there will be a 50% chance of making a profit of $1,000, a 30% chance of making a profit of $1500 and a 20% chance of making a profit of $2,000.
-What is the expected profit?

A) $1,000
B) $300
C) $2,000
D) $1,350
E) $4,500