A company is considering launching a new product with three possible outcomes: a high demand (probability = 0.4), a moderate demand (probability = 0.3), or low demand (probability = 0.3). The corresponding profits for each outcome are as follows: High Demand: $50,000 profit Moderate Demand: $20,000 profit Low Demand: -$10,000 loss (negative value indicates a loss) What is the expected value of launching the new product? O a. -$5,000 O b. $30,000 O C. $10,000 O d. $20,000