What is the Expected value if there is a probability of .70 that you Win $14,000,
and a probability of .30 that you Lose $ 9,000

The ivring berlin learning center would like a possible net profit of $650,000 on its new resource manual it sells to schools. the fixed costs for producing the manual are $780,000 and the variable cost per package is $19.85. if the estimated unit sales are 1,250,000 units, what selling price unit should the ivring berlin learning center try?