Question: QUESTION 4 Consider the following payoff table. What is the expected monetary value of subcontract production? (Note: enter a number with no decimal figure (e.g.

QUESTION 4 Consider the following payoff table.

QUESTION 4 Consider the following payoff table. What is the expected monetary value of subcontract production? (Note: enter a number with no decimal figure (e.g. 12345). Decision States of Nature High Low Demand Demand (0.6) (0.4) $2,000,000 -1,250,000 750,000 -500,000 1,591 96 Expand Facilities Acquire Competitor Subcontract Production

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