What is the first step in consumer decisions-making process?
1 answer:
You might be interested in
Answer:
1. I don't think the risk is worth taking because of the risks involved in the treasure hunt is High. so you just such it up and continue your regular job, because there is no full assurance that the treasure even exists.
2. The expected value of perfect information ill be given by .
Explanation:
By the above perfect information on whether the treasure is real or not the chance of success is very slim, so it can easy go sideways for you, and making you lose your job at the same time while at the process of looking for a treasure you might not find probably.