Answer:
Loss of 40 dollars
$16 expected value.
Step-by-step explanation:
If you multiply the number of 40 dollar purses and the number of the 10 dollar purses you´ll end up with something like this:
40*8=320
32*10=320
The total cost of the purses to the store is $640
If you multiply the selling cost of the purses by the number of purses you´ll end up with:
15*40=600
THat means that the cost is $40 higher than the expected earnings with the sell.
And to get the customer expected value you divide the $640 value of the purses by the 40 purses to obtain $16 in customer expected value.
