Solved

Melissa Rossi, Product Manager at National Consumers, Inc

Question 74

Multiple Choice

Melissa Rossi, Product Manager at National Consumers, Inc.(NCI) , is evaluating alternatives for introducing a new brand of toothpaste with an improved formula to promote teeth whitening.She has identified four alternative markets, and has constructed the following table which shows NCI's rewards (in $1,000,000's) for various levels of acceptance by the markets and their probabilities: Melissa Rossi, Product Manager at National Consumers, Inc.(NCI) , is evaluating alternatives for introducing a new brand of toothpaste with an improved formula to promote teeth whitening.She has identified four alternative markets, and has constructed the following table which shows NCI's rewards (in $1,000,000's) for various levels of acceptance by the markets and their probabilities:   The EMV of introducing the new package in the  National  market is ___. A) $50,000 B) $70,000 C) $90,000 D) $260,000 E) $300,000 The EMV of introducing the new package in the "National" market is ___.


A) $50,000
B) $70,000
C) $90,000
D) $260,000
E) $300,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions