Assume markup percentage equals desired profit divided by total cost. What is the correct calculation to determine the dollar amount of the markup per unit? A. Total cost times markup percentage B. Total cost per unit divided by markup percentage per unit C. Total cost per unit times markup percentage per unit D. Markup percentage per unit divided by total cost per unit E. Markup percentage divided by total cost

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?