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How can the value of information be calculated for the case below for a risk neutral firm. How would being risk adverse affect the result?
How can the value of information be calculated for the case below for a risk neutral firm. How would being risk adverse affect the result? Explain your answer. Discuss in which type of cases people or companies become relatively more risk adverse, in which cases they become more risk neutral?
tableBlank Cell,SALES OF SALES OF EXPECTED PROFITBuy units,Buy units,
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