Question: Suppose the Shelly Group has identified two possible demand levels for copies per month: Copies (per month) Probability 4,500 40% 14,000 60% What is the

Suppose the Shelly Group has identified two possible demand levels for copies per month: Copies (per month) Probability 4,500 40% 14,000 60% What is the expected cost if it costs $1,050 per month to lease a new copier and the variable cost is $0.30 for each copy? The expected cost is $ (Enter your response as a whole number.)

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