Question: If a vendor has correctly used marginal analysis to select its stock levels for the day ( as in the newsperson problem in the text
If a vendor has correctly used marginal analysis to select its stock levels for the day as in the newsperson problem in the text and if the profit resulting from the last unit being sold Cu is $ and the loss resulting from that unit if it is not sold Co is $ which of the following is the probability of the last unit being sold?
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