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Time left 0:39:25 12) There are three equally likely states of nature (High, Medium, and Low demand). If the large factory will post profits of
Time left 0:39:25 12) There are three equally likely states of nature (High, Medium, and Low demand). If the large factory will post profits of $50,000, $25,000, and - $10,000 under these states of nature, respectively, what is the EMV of the factory? O a. $21,666.67 b. $25,000 Oc$50,000 Od $28,333.33
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