Question: In 2 0 1 9 , Lee Electronics, a franchise of electronics stores located in small towns throughout the United States, sold 4 7 0

In 2019, Lee Electronics, a franchise of electronics stores located in small towns throughout the United States, sold 47032-inch televisions for $830 each. The televisions carry an attached 3-year warranty for repairs. Lee Electronics estimates that repair costs will average 2.5% of the total selling price.

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