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 package for toothpaste. 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 "Northeast Only" market is ________.

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