A The Wreck 'em Corporation is going to introduce one of three new products: a widget, a hummer, or a nimnot. The market conditions are shown below. Compute the expected value for each decision and select the best one. B C D E Module A - Question 01 Unanswered F Widget with EMV of $34,000 Hummer with EMV of $34,000 Nimnot with EMV of $34,000 Widget with EMV of $45,000 Hummer with EMV of $45,000 Nimnot with EMV of $45,000 MARKET CONDITIONS Favorable PRODUCT 0.2 Widget $ 120,000 $ Hummer $ 60,000 $ Nimnot $ 35,000 $ Stable 0.3 Unfavorable 0.5 70,000 40,000 $ 30,000 $ -30,000 20,000 30,000

The Wreck 'em Corporation is going to introduce one of three new products: a widget, a hummer, or a nimnot. The market conditions are shown below. Compute the expected value for each decision and select the best one