#8 What is the expected value Form Joint Venture? Decision alternative Success (0.24) 2115 Sell Company Moderate Success (0.4) 2115 Failure (0.36) 2115 Form Joint Venture Success (0.24) 2500 Moderate Success (0.4) 3074 Sell Software on own Failure (0.36) 1000 Submit Answer format: Number: Round to: 0 decimal places. Success (0.24) 5000 Moderate Success (0.4) 3500 Failure (0.36) -949 unanswered not_submitted Attempts Remaining: 2

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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#8
What is the expected value Form Joint Venture?
Decision alternative
Success (0.24)
2115
Sell Company
Moderate Success (0.4)
2115
Failure (0.36)
2115
Form Joint Venture
Success (0.24)
2500
Moderate Success (0.4)
3074
Sell Software on own
Failure (0.36)
1000
Submit
Answer format: Number: Round to: 0 decimal places.
Success (0.24)
5000
Moderate Success (0.4)
3500
Failure (0.36)
-949
unanswered
not_submitted
Attempts Remaining: 2
Transcribed Image Text:#8 What is the expected value Form Joint Venture? Decision alternative Success (0.24) 2115 Sell Company Moderate Success (0.4) 2115 Failure (0.36) 2115 Form Joint Venture Success (0.24) 2500 Moderate Success (0.4) 3074 Sell Software on own Failure (0.36) 1000 Submit Answer format: Number: Round to: 0 decimal places. Success (0.24) 5000 Moderate Success (0.4) 3500 Failure (0.36) -949 unanswered not_submitted Attempts Remaining: 2
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