Question 1 A company can make either two new products, A and B, but not Not yet both. The profitability of each product depends on the state of answered the market as follow: Marked out of 3.00 Market state Profit (N$) Probability Flag PRODUCT A PRODUCT B question Good 18 000 16 000 20% Fair 13 000 14 000 50% Poor 5 500 6 000 30% Calculate the expected value with perfect information