Attempts

Average $/1$

$5.$ Problems and Applications Q$5$

The company that you manage has invested $$5$ million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $$4\mathrm{.}5$ million. If it would cost $$3$ million to finish development and make the product, you development is milion. L go ahead and do so$.$ The most you should pay to complete