Question: Please READ the question CAREFULLY and answer the question CORRECTLY. Any wrong answers will be DOWNVOTED. Please DOUBLE-CHECK your work BEFORE posting the solution. Thank

answers will be DOWNVOTED. Please DOUBLE-CHECK your work BEFORE posting the solution.

Please READ the question CAREFULLY and answer the question CORRECTLY. Any wrong answers will be DOWNVOTED. Please DOUBLE-CHECK your work BEFORE posting the solution. Thank you!

Suppose that for a particular piece of machinery, the frequency distribution of monthly breakdowns is as follows: The cost of a breakdown is $2,000, and the cost of a preventive maintenance program is $2,000 per month. If the preventive maintenance program is adopted, the probability of a machine breakdown is negligible. How much better off per month would the firm be if it adopted preventive maintenance? Multiple Choice $100 worse off $100 better off $200 worse off $200 better off $2,000 better off

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