You're the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia.

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You're the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, Philippines, and Singapore as described next:

You're the manager of global opportunities for a U.S. manufacturer,

The product sells for $10 and has unit costs of $8. If you can enter only one market, and the cost of entering the market, (regardless of which market you select) is $250,000, should you enter one of these markets? If so, which one? If you enter, what is your expected profit?

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