1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Daniel [21]
3 years ago
7

Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated s

oftware. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs 10million, whereas the simple technology costs 2million.
What is the expected net profit from developing the complicated software? *

a) $15million

b) $8million

c) $5million

d) $50million
Business
1 answer:
boyakko [2]3 years ago
4 0

Answer:

c) $5 million

Explanation:

The computation of expected net profit is shown below:-

For computing the net profit first we need to compute the profit which is shown below:-

Profit = $50 million - $10 million

= $40 million

Expect net profit = Probability of success × Profit + Probability of unsuccessful × Loss

= $40 × 0.3 + (-$10 × 0.7)

= $5 million

Therefore for computing the expected net profit we simply applied the above formula.

You might be interested in
The sticky-price theory of the short-run aggregate supply curve says that if the price level rises by 5% while firms were expect
Ne4ueva [31]

Answer:

<u>to keep their prices the same</u>

Explanation:

Remember, having a higher Menu cost implies that such a firm would suffer more if it adjusted its prices.

So the sticky-price theory makes the assumption that a firm that notices an increase in the prices of their products would <em>keep their prices low</em> out of fear that doing so would result in losses for the firm if demand changes negatively.

4 0
3 years ago
Elin owes Floyd $10,000. Floyd assigns the claim to Gary. Gary does not notify Elin of the assignment. A week later, Floyd assig
dedylja [7]

Answer: priority to payment in states that follow the English rule

Explanation:

From the question, we are told that Elin owes Floyd $10,000 but Floyd assigns the claim to Gary and that Gary does not notify Elin of the assignment.

A week later, Floyd assigns the same claim to Holly. Holly immediately notifies Elin of the assignment. Holly has priority to payment in states that follow the English rule.

Holly has priority claim because Holly has already notified Elin of the task before and therefore has priority to payment in states that follow the English rule.

Option B is correct

6 0
3 years ago
Do you think that high excise taxes(taxes on specific goods) on items such as tobacco or alcohol should be used to discourage pe
pantera1 [17]

<h2>Yes it could be done to discourage people from consuming tobacco or alcohol.</h2>

Explanation:

  • Normally government encourages or discourages use of goods by reducing or increasing the tax on the goods.
  • As everybody aware that the use of tobacco or alcohol consumption damages the body and even might reduce the life span of the consumer.
  • When the taxes are more, people tend to reduce the use of those item and at one point of time, the consumer might stop the usage slowly.
  • This is one way to increase the lifespan of the consumer consuming alcohol or tobacco.
3 0
3 years ago
Why do more educated workers tend to earn more than less-educated workers?
motikmotik

The more education a person has, the more likely that they are to be valuable to their owners,because they would be considered "smarter" than their peers and able to get more work done. This means that answer to the question is A. Education may make a worker more valuable to employers.

HOPE THIS HELPS ; GOOD LUCK <3 !!!!

3 0
2 years ago
Read 2 more answers
Suppose that the home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advanta
Whitepunk [10]

Answer:

Explanation:

In a situation such as this one the individual workers and their families may be better off or may actually do worse due to the real wage rises in terms of agricultural goods but the real wage in terms of the manufactured goods will actually fall. Therefore it depends on the worker's unique situation and in which sector they are in which determines if they are better or worse.

5 0
3 years ago
Other questions:
  • QN=17 P&amp;G introduced its Duncan Hines ready-to-spread frosting in a small geographic area. When General Foods became aware o
    13·1 answer
  • Dr. han is examining the impact of parental separation on student academic performance. she defines parental separation as no co
    5·1 answer
  • In terms of communicative competency, effective leaders attempt to force their own ideas into group discussions.
    6·1 answer
  • Peete Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should
    7·1 answer
  • A system that is used for trading contracts for future delivery of cattle is known as
    11·1 answer
  • Groups are considered teams only when: employees directly interact with each other and coordinate work activities. everyone in t
    9·1 answer
  • Warranty costs in the amount of $500,000 were recorded on the 2018 Income statement. However, the warranty tax deduction is not
    10·1 answer
  • Last year real GDP in the imaginary nation of Oceania was 561.0 billion and the population was 2.2 million. The year before, rea
    6·1 answer
  • Jolly Company wants to have​ 10% of the next​ quarter's sales in units on hand at the end of each quarter. Inventory at the begi
    9·1 answer
  • What is marginal utility<br>​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!