A risk-averse manager is considering a project that will cost $100.There is a 10 percent chance the project will generate revenues of $100,an 80 percent chance it will yield revenues of $50,and a 10 percent chance it will yield revenues of $500.Should the manager adopt the project?

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The Answer of A risk-averse manager is considering a project that will cost $100.There is a 10 percent chance the project will generate revenues of $100,an 80 percent chance it will yield revenues of $50,and a 10 percent chance it will yield revenues of $500.Should the manager adopt the project?

A Risk-Averse Manager Is Considering a Project That Will Cost