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I need help calculating payoff in a favorable market and unfavorable market given the following information. Profit per unit : 0.63 Demand in favorable market
I need help calculating payoff in a favorable market and unfavorable market given the following information.
Profit per unit : 0.63
Demand in favorable market : 4341
Probability succes in fav market : 71%
Demand in unfavorable market: 1205
Probability of success in unfavorable market: 29%
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