A store finds that the expected profit per customer is $14 in year one and the stores

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A store finds that the expected profit per customer is $14 in year one and the store’s retention rate is 50%. What is the expected profit per customer in year 3?

Posted Date: Nov 19, 2021 11:00 PM

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A store finds that the expected profit per customer is $14 in year one and the stores

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Profit per customer in year one is 14 retention rate is 50 hence ... View the full answer

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