Business, 27.06.2020 17:01 natetheman7740

The first edition hardcover of a new book by a popular writer has a demand which is normally distributed with an average of 5 million and a standard deviation of 1 million. The production and transportation costs per hardcover are $12, and the sale price in bookstores is $30. When the paperback version comes out, the hardcover books go on sale for $7.50. How many hardcovers should be produced?

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