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(b) If management believes there is a probability of 0.5 that the new product is better, find the expected profits under each choose a b c or d and fill in $

(c) Find any dominated strategies. Select all that apply. A. Row 2 dominates row 1. C. Row 1 dominates row 2. E. There are no
O A. There is a saddle point; it is $ (Type an integer or a decimal. Do not include the $ symbol in your answer.) OB. There i
Question Help ни The research department at a manufacturing company has developed a new process that it believes will result part a
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Answer #1

Better Not Better 70,000 -24,000 - Rowl Not sell -60000 - 20,000/- Row2 Deee probability of selling p 9 to trochur is better

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