Bronco Truck Parts expects to sell the following number of units at the prices indicated under...

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Bronco Truck Parts expects to sell the following number of units at the prices indicated under...

Bronco Truck Parts expects to sell the following number of units at the prices indicated under three different scenarios in the economy. The probability of each outcome is indicated.

Outcome	Probability	Units	Price
A	0.20	500	$	16
B	0.40	900		34
C	0.40	1,200		39

What is the expected value of the total sales projection?

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