Answer:
Step-by-step explanation:
We are told the manufacturer expects 0.3% to 0.5% of units to be defected,
So we find 0.3% and 0.5% of the 20,000units
0.3/100 multiplied by 20000 = 60units
0.5/100 multiplied by 20000 = 100units
So we now know from 20000units, between 60units to 100units will be defected
So we find the price of both 60units and 100units knowing that 1unit cost $2,500
60 multiplied by $2,500 equals $150,000
100 multiplied by $2,500 equals $250,000
So the answer is option D, between $150,000 and $250,000
