1} Your business plan indicates that the new product line may turn in $55,000 prot next year if demand is strong, $35,000 prot if demand is average and $13,000 loss if demand is weak. Market study shows 25% probability for a strong demand, 40% probability for average demand, and 35% for a weak demand next year. 1What is the expected monetary value {EMV} of this new product line for next year? e. $20,050 1'. $34,050 g. $30,000 h. $21,300