Question

Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value. If the stand owner is able to find an outlet that would provide a salvage value of $0.10, what would be the increase in service level?

A) .5

B) 0

C) .07

D) 1

E) unable to determine given only the above information

Answer

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