subject
Mathematics, 14.12.2020 23:00 hawleyemily

A company makes electronic gadgets. They estimate that 5 out of every 100 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $4 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. Find the expected profit per gadget.

Round your answer to two decimal places.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
Aconvex octagon has interior angles that measures 73 degrees, 172 degrees, 132 degrees, 59 degrees, 154 degrees, 163 degrees, x degrees, 2x degrees find the value of the missing angles
Answers: 3
question
Mathematics, 21.06.2019 18:00
Lv beethoven software supplies customized software to a managed healthcare system. lv beethoven software's costs for the software is $1,723,000. lv beethoven software sells the software to the healthcare system for $3,816,981.10. overhead expenses are estimated at 47% of the selling price. what is lv beethoven software's net profit to the nearest dollar?
Answers: 1
question
Mathematics, 21.06.2019 18:00
Stephen thublin invests $1,000,000 in a 45-day certificate of deposit with 6.55% interest. what is the total interest income from the investment?
Answers: 1
question
Mathematics, 21.06.2019 18:00
Negative 5 1/12 + negative 4 1/4 + 6 3/4
Answers: 1
You know the right answer?
A company makes electronic gadgets. They estimate that 5 out of every 100 gadgets is faulty, but the...
Questions
question
Mathematics, 15.11.2019 08:31
question
Mathematics, 15.11.2019 08:31
question
Mathematics, 15.11.2019 08:31
Questions on the website: 13722360