Question: Chemitronix Ltd. is a microchips manufacturing company. It was found that the business is at the maturity stage demanding som change. After rigorous research, management

 Chemitronix Ltd. is a microchips manufacturing company. It was found that

Chemitronix Ltd. is a microchips manufacturing company. It was found that the business is at the maturity stage demanding som change. After rigorous research, management came up with the following decision variables Expansion: 4596 chance of gaining 1,500,000; 55% chance of losing X New Product: 50% chance of gaining 900,000; 50% chance of losing 574360 What must have been the value of expansion loss if expansion and new product will result to the same expected monetary values

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