What is the expected vtc per-day of this new machine for


If there is a 25 percent chance that a new machine would save a business customer $24 per day in labor costs and a 75 percent chance that the new machine would save the customer $12 per day, what is the expected VTC per-day of this new machine for the business customer.

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Financial Management: What is the expected vtc per-day of this new machine for
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