Question: This is literally all the information that the question gives me. Did I waste one of my monthly questions by posting it? The owner of

This is literally all the information that the

This is literally all the information that the question gives me. Did I waste one of my monthly questions by posting it?

Click the icon to view the decision tree.

The best decision is to "

Expand facility

" and if "

Weak

Product Demand" occurs, choose "

Do not lease new facility

The expected payoff will be

$nothing.

(Enter your response as a whole number.)

This is literally all the information that the

The owner of Pearl Automotive Dealers is trying to decide whether to expand his current facility. If he expands and customer demand turns weak, there is a chance he could lease part of his newly constructed facility to another dealer. If he doesn't expand and strong demand occurs, he could attempt to lease another facility across town. What is the best set of decisions and the expected payoff? i Click the icon to view the decision tree. The best decision is to " Expand facility and if" Weak Product Demand" occurs, choose " Do not lease new facility." The expected payoff will be $ . (Enter your response as a whole number.) i More Info Strong Demand 50% Aver. Demand 15% 9 Expand Facilities Weak Demand 35% $2,500,000 Property is Leased $440,000 $1,300,000 (30%) Lease New Facility Property is not $140,000 Leased (70%) 2 Do not Lease New Facility $240,000 Property is Leased $1,700,000 3 Lease New Facility (30%) Do not Lease New Facility $1,000,000 $1,200,000 Property is not $900,000 Leased (70%) 1 Strong Demand 50% Do not Expand Facilities Aver. Demand 15% Weak Demand $500,000 35% Strong Demand 50% Aver. Demand 15% Expand Facilities Weak Demand 35% $2,500,000 Property is Leased $440,000 $1,300,000 (30%) Lease New Facility Property is not $140,000 Leased (70%) 2 Do not Lease New Facility $240,000 Property is Leased $1,700,000 3 Lease New Facility (30%) Do not Lease New Facility $1,000,000 $1,200,000 Property is not $900,000 Leased (70%) 1 Strong Demand 50% Do not Expand Facilities Aver. Demand 15% Weak Demand $500,000 35%

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