Question: When a customer places an order from a catalog, assume that a profit of $50 (not including the cost of mailing the catalog) is earned.

When a customer places an order from a catalog, assume that a profit of $50 (not including the cost of mailing the catalog) is earned. Use a data table to determine how the total profit earned from the mailing varies as the response rate to the mailing varies between 1 percent and 10 percent. It costs $2 to mail a catalog.

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