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25. If it's determined that there's a 20% chance of excellent, 30% chance of good, and 50% chance of poor economic conditions, what's the expected
25. If it's determined that there's a 20% chance of excellent, 30% chance of good, and 50% chance of poor economic conditions, what's the expected value of alternative #2 --hiring two workers? a. $16000 b. $26000 c. $46000 d. $48000 e. $50000 25. If it's determined that there's a 20% chance of excellent, 30% chance of good, and 50% chance of poor economic conditions, what's the expected value of alternative #2 --hiring two workers? a. $16000 b. $26000 c. $46000 d. $48000 e. $50000
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