Answer
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Step-by-step explanation:
Answer:
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Answer:
P = $240,000 – $196,000 = $44,000.
The expected value is a weighted average of each possible value weighted by its probability.
EV = ($44,000)(0.75) + ($–196,000)(0.25) = $–16,000.
The expect average profit is $–16,000.
The company should not make the product.
Step-by-step explanation:
ED
The two planes intersect in a single line shared by the planes. The line of intersection is NO.