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A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $3 profit on the sale of any working gadget, but suffers a loss of $80 for every faulty gadget because they have to repair the unit. Check whether the company can expect a profit in the long term. * they will loss of -$1.34 per gadget produced None of the choices they make a profit of $1.34 per gadget produced they make a profit of $13.4 per gadget produced

A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $3 profit on the sale of any working gadget, but suffers a loss of $80 for every faulty gadget because they have to repair the unit. Check whether the company can expect a profit in the long term. * they will loss of -$1.34 per gadget produced None of the choices they make a profit of $1.34 per gadget produced they make a profit of $13.4 per gadget produced

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $3 profit on the sale of any working gadget, but suffers a loss of $80 for every faulty gadget because they have to repair the unit. Check whether the company can expect a profit in the long term. * they will loss of -$1.34 per gadget produced None of the choices they make a profit of $1.34 per gadget produced they make a profit of $13.4 per gadget produced
Transcribed Image Text:A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $3 profit on the sale of any working gadget, but suffers a loss of $80 for every faulty gadget because they have to repair the unit. Check whether the company can expect a profit in the long term. * they will loss of -$1.34 per gadget produced None of the choices they make a profit of $1.34 per gadget produced they make a profit of $13.4 per gadget produced
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