Question: Use the decision tree below for this question. If there is a 24% chance that the economy will boom, what is the expected value of

Use the decision tree below for this question. If

Use the decision tree below for this question. If there is a 24% chance that the economy will boom, what is the expected value of perfect information (EVPI)? $55,000 Economy Booms Economy Busts Accept Job $50,000 $100,000 Start Business Economy Booms Economy Busts $-20,000

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