In the following table, enter the expected number of units sold, and the expected profit from entering each market. Market Expected Number of Units Sold Expected Profit S Malaysia Philippines Singapore S S If you were to enter one of the previously described markets, which one would you enter in order to earn the highest expected profit? Singapore Philippines Malaysia You're the manager of global opportunities for a U.S. manufacturer that is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, the Philippines, and Singapore as described in the following table: Success Level Mediocre Big Failure 0.4 0.3 0.3 288,000 900,000 0 Malaysia Probability Units Philippines Probability Units Singapore Probability 0.3 0.2 0.5 1,100,000 550,000 0 0.7 0.2 0.1 800,000 Units 450,000 0 The product sells for $10, and each unit has a constant marginal cost of $8. Assume that the (fixed) cost of entering the market (regardless of which market you select) is $250,000