An electronics retailer is developing a model for insurance on new cell phone purchases. It estimates that 60% of customers never make a claim25% require a small repair costing an average of $50and 15% require a full refund costing $200. What is the average cost the retailer should expect to pay to each customer?

Respuesta :

Answer:

$42.50

Step-by-step explanation:

$42.50 will cover the costs of all people who request full refunds, while still allowing the company to profit.