Melissa Rossi, Product Manager at National Consumers, Inc

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: The expected monetary payoff with perfect information is ___.

A) $570,000
B) $680,000
C) $760,000
D) $830,000
E) $980,000