Homework Week 7.odt - Homework Week 7 17-1 You're the...

This preview shows page 1 - 2 out of 2 pages.

Homework Week 7 17-1 You're the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Asia. Your market research has identified the market potential in Malaysia, Philippines, and Singapore as described next: The product sells for $10 and has unit costs of $8. If your can enter only one market, and the cost of entering the market, (regardless of which market you select) is $250,000, should you enter one of these markets? If so, which one? if you enter, what is your expected profit?
17-2 Game Show Uncertainty In the final round of a TV game show, contestants have a chance to increase their current winnings of $1 million to $2 million. If they are wrong, their prize is decreased to $500,000. A contestant thinks his guess will be right 50% of the time. Should he play? What is the

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture