Question: Handwritten solution please with no excel 4. Let the quality of a car be denoted by q and can be {2000, 3000, 4000, 5000}. The

Handwritten solution please with no excel

Handwritten solution please with no excel 4. Let

4. Let the quality of a car be denoted by q and can be {2000, 3000, 4000, 5000}. The proportion of cars of quality q is given as follows: QUALITY (9) PROPORTION 2,000 1/8 3,000 3/8 4,000 2/8 5,000 2/8 There are 200 cars in total. The utility of a seller who sells a car of quality q at price P is (P-). Fill in the following table. If price is Fill in the following table: The # of cars offered The quality Price 2,500 3,100 4,600 5,250 6,100

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