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The first edition hardcover of a new book by a popular writer has a demand which is uniformly distributed between 1 and 2 million. The production and transportation costs per hardcover are $10, and the sale price in bookstores is $25. When the paperback version comes out, the hardcover books go on sale for $5. How many hardcovers should be produced?

A. 1.75 million

B. 1.6 million

C. 1.5 million

D. 1 million

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Operation Management, Management Studies

Category:- Operation Management
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