Question: Problem 4 . For the given information in the table: ( 1 ) Calculate the expected profits when Q = 2 1 ; Q =

Problem 4. For the given information in the table:
(1) Calculate the expected profits when Q=21;Q=22;Q=23; and Q=24. Then, (2) Find the best Q associated with the best expected profit. Also, use the following equations for revenue (R) and cost (C).
\table[[probability(x),Q=21,Q=22,Q=23,Q=24
Please solve all steps for Q=22, Q=23; Q=24
Problem 4. For the given information in the table: (1) Calculate

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