Economics for Healthcare Managers Third Edition

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4.7 Your firm rents a supply management system to hospitals. You have received a buyout offer of $5 million. You forecast a 25 percent change that you will have profits of $10 million, a 35 percent chance that you will have profits of $6 million, and a 40 percent chance that you will have profits of $2 million. Should you accept the offer? Explain

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