Question: The expected profit is calculated according to this formula: Expected Profit = ( profit per unit sold ) ( number of units sold ) +

The expected profit is calculated according to this formula:
Expected Profit =(profit per unit sold)(number of units sold)+(loss per unsold unit)(number of unsold units)
Specialty Toy's profit per unit sold is $24- $16= $8, and their loss per unsold unit is $5- $16=-$11. If Specialty Toys orders 15000 units and sells only 10000 before the holidays, their expected profit is:
($8)(10000)+(-$11)(5000)= $25000
(a) What is the expected profit if all 15,000 units are sold?

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