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A company can make either two new products, A and B, but not both. The profitability of each product depends on the state of

A company can make either two new products, A and B, but not both. The profitability of each product depends on the state of the market as follow: Market state Profit (N$) Probability PRODUCT A PRODUCT B Good 18 000 16 000 20% Fair 13 000 14 000 50% Poor 5 500 6 000 30% Calculate the expected value without perfect information for product A. Answer:

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