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Business, 10.03.2020 02:38 tiffanydowell13

A Las Vegas supermarket bakery must decide how many wedding cakes to prepare for the upcoming weekend. Cakes cost $33 each to make, and they sell for $60 each. Unsold cakes are reduced to half-price on Monday, and typically one-third of those are sold. Any that remain are denoted to a nearby senior center. How many cakes should be prepared to maximize expected profit

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