Janice is trying to decide between buying, renting, leasing and sharing a space for her proposed
flower shop. She believes that four possible demand states are possible: low, moderately low,
moderately high, and high demand for flowers. Monthly profits for each space and demand
state are given in the table below.
Low Mod Low Mod High High
Rent - 200 375 300 350
Buy - 250 275 300 325
Share - 225 350 350 300
Lease - 400 300 250 225
which would an optimistic person choose?
which would a conservative person choose?
Recently Asked Questions
- What considerations should U.S. employers make when establishing management structures in other countries? more detail
- Topic: Network Effects The types of users of Youtube platform are Youtubers (creators), users (subscribers), advertisers, sponsors. Identify their roles in
- Distinguish between formal and informal communication in the workplace. What cues in the workplace can help you decipher how formal your communication should