Given the survey will predict a weak market, the expected monetary value of building a small facility is ______.
A)$2,800
B)$4,300
C)- $700
D)- $1,200

Question

Quizplus · Accepted Answer

The expected monetary value (EMV) of building a small facility, given a weak market prediction, would be calculated based on the probabilities and outcomes provided in the scenario. Since the specific probabilities and outcomes are not provided in the question, the correct answer is chosen based on the assumption that the question is based on a scenario where the calculation leads to an EMV of $2,800 for building a small facility. This involves calculating the weighted average of all possible outcomes, taking into account the probability of each outcome.

Given the Survey Will Predict a Weak Market, the Expected