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You are the CEO of ExxonMobil: Your head of the research department informs you that his chemists have devised an additive that doubles the mileage
You are the CEO of ExxonMobil: Your head of the research department informs you that his chemists have devised an additive that doubles the mileage of Exxon/Mobil gasoline. How do use this to maximize the benefit to your firm? Explain your answer Your brother-in-law wants to borrow $1000 from you but he has a fit when you tell him he will have to pay you the same interest on the loan that the bank gives you. Are you justified? why or why not?
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