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A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.
On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.
In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.
  • a)
    200,500
  • b)
    300, 700
  • c)
    600, 200
  • d)
    500, 200
  • e)
    500, 400
Correct answer is option 'D'. Can you explain this answer?
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Card #1In 2011, the Cornucopia Products Company (CPC) realized $100,000 in profits. Their 2011 customer base of 20,000 is relatively stable. Based on past trends, they can expect to retain that customer base in 2012. If they make no additional changes in marketing or R & D, then it is reasonable to expect their customer base in 2012 will be remain the same. Increasing their profits will depend on generating new customers either through successful advertising campaigns and or attractive fruits of research & development. The total customer base C in 2012 will be the retained customers plus any new customers. If C is their 2012 customer base in thousands, then their profit P (in thousands of dollars) is given byP = 0.01C^2 + 7C – 44Card #2In 2012, CPC can choose to invest some part of its 2011 profits in one or more forms of advertising. In everything on this card, X = money (in thousands of dollars) invested in that form of advertising, and N is the number of new customers (in thousands), on average, that form of advertising is likely to generate in 2012.1) Print MediaInvestment: no more than $10,000, due to sharply diminishing returns above that threshold.If X < 10, N = X/22) TV & Movie advertisingInvestment: minimum of $15,000If X > 15, N = 2X/3 – 103) Web-based advertisingInvestment: no lower or upper limitN = X/4Card #3In CPCs Research and Development (R & D), many new products have been developed in the past, contributing to its financial success. In 2012, CPC has already allocated a small baseline budget to ongoing R & D, without any expectation that those results will bear fruit in this calendar year. Beyond that, CPC has to decide about whether to put more money from its 2011 profits into two ongoing projects.Project A has been in development for a little over a year. It is close to completion. The most reliable data about Project A suggest if CPC makes a $10000 investment in 2011, theres an 80% chance of producing a new product that would add 5,000 new customers in 2012; if CPC makes a $30,000 investment, theres a 20% chance of producing a suite of new products that would add 30,000 new customers.Project B is a relatively new product, involving some cutting edge technology. Its very expensive, and the results are uncertain. The most reliable data about Project B suggest if CPC makes a $40000 investment in 2011, theres a 40% chance that the new products would add 50,000 new customers in 2012.Q.At what level of investment would TV & movie advertising create, on average, the same number of new customers as web based advertising?

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A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer?
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A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer?.
Solutions for A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.
Here you can find the meaning of A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A candy store sells 50 types of candies, each type costing one dollar per candy. No customer is sold more than one candy. The store accepts only one-dollar bills or green tokens issued by the store. Each token costs two dollars. If a customer buys one candy with a token, a one-dollar bill is returned to the customer as change. Every day, at the start of the day, the store keeps exactly 300 one-dollar bills and no green tokens in its cash register.On a particular day, 600 candies were sold. On that day, customers were twice as likely to have paid with one-dollar bills as with green tokens.In the table, select the number of one-dollar bills and the number of green tokens present in the cash register at the end. Make only two selections, one in each column.a)200,500b)300, 700c)600, 200d)500, 200e)500, 400Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice GMAT tests.
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