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Your company is considering adding a new product. If the trend toward working from home continues, selling tasteful office furniture should earn a profit of

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Your company is considering adding a new product. If the trend toward working from home continues, selling tasteful office furniture should earn a profit of $50,000. But if employees end up valuing face time at the office, sales of this type of office furniture will earn a profit of only $10,000. A survey of the company's customers reveal that there is an 80% probability of the work from home trend continuing into the foreseeable future. What is the expected value of selling tasteful office furniture? Multiple Choice O Zero, there is too much risk associated with the outcome to tell this new product 530,000 $42.000 Multiple Choice Zero, there is too much risk associated with the outcome to sell this new product $30,000 $42.000 $50,000

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