1. A company is manufacturing blue jeans at a cost of $9.99 per pair. They plan to put a price tag of $44 99 per pair. They plan to produce 400,00 pairs. Any unsold units can be sold in the aftermarket for $14.99/pair. Demand (units) 95,000 200,000 275,000 350,000 Demand Probability 0.15 0.40 0.35 0.10 What is the probability that their gross income will be over $15,00,000? They also want to know want is the probability that their net profit will be less than $5,000,000

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