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Question 11 1 pts Ant Co. has developed a new product, the A-Warren. It is now time to bring the A-Warren product to market. There

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Question 11 1 pts Ant Co. has developed a new product, the A-Warren. It is now time to bring the A-Warren product to market. There are two alternatives for Ant-Co either market the product only in the local area, or market the product nationally. If Ant Co. rolls out the AWarren product locally and it is successful, then the company Will receive $1.4M from product sales. However, if the local rollout is un5uccessful, then the company will lose $100,000 ($0.1M) due to the costs of advertising. If Ant Co. rolls out the A-Warren product naonallyIand it is successful, then the company will receive $3M from product sales. However, if the national rollout is unsuccessful, then the company will lose $1M clue to the costs of advertising. Historically, 40% of Ant Co.'s product rollouts have been successful. What is the best decision for AntCo with respect to the A-Warren and the associated expected monetary value (EMV) of the decision? O Rollout the product nationally and $3.0M. 0 Rollout the product locally and $1.4M. 0 Rollout the product nationally and $0.6M. 0 Have a successful product rollout and $3.0M. 0 None of the answers are correct

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