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Now suppose they can invest in more research that will tell them definitively whether the movie will succeed or not. This means they can decide
Now suppose they can invest in more research that will tell them definitively whether the movie will succeed or not. This means they can decide NOT to launch the movie when they know it will fail, and to launch it when they know it will succeed. What are their expected profits now?
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$ Billion
$ Billion
$ Billion
$ Billion
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