For the next $3$ questions

Jack is evaluating two technologies.$$ The fixed cost of technology A is $$500$ and there is $50\%$ of the chance the variable cost will be $$10$ and $50\%$ of the chance the variable cost will be $8.$ For technology B$,$ the fixed cost is $$1000$ and there is $40\%$ of the chance the variable cost will be $$8$ and $60\%$ of the chance the variable cost will be $5.$ Jack predicts that the life cycle production volume is $200$ units.$$ Jack has to meet the demand, so do nothing is not an option.

What is the Expected Monetary Value of technology A$?$

Group of answer choices

$-1800$

$-2900$

$-2300$

$-3500$

$$

Flag question: Question $19$

Question $195$ pts

What is the Expected Monetary Value of technology B$?$

Group of answer choices

$-1220$

$-2650$

$-870$

$-2240$

$$

Flag question: Question $20$

Question $205$ pts

Which of the following statement is true?

Group of answer choices

Jack should choose technology A and the expected cost is $2240.$

Jack should choose technology B and the expected cost is $2300.$

Jack should choose technology B and the expected cost is $2240$

Jack should choose technology A and the expected cost is $2300.$