Your company has developed a new energy drink and you are trying to decide whether to sell the recipe, or make and distribute it yourself. A company will pay you $8 million for the recipe. If your company makes the drink itself, it will cost $7 million to build a factory and distribution network. Your analytics and marketing teams tell you there is a 10% chance the market response will be great, a 60% chance the market response will be decent with gross earnings of $15 million, and a 30% chance the market response will be poor with gross earnings of $5 million. If the market response is great, there is a 60% chance the drink will be the new fad and you will make gross earnings of $70 million, a 30% chance the gross earnings will be $40 million, and a 10% chance the gross earnings will be $20 million What is the expected value from the Perfect Information Tree just the perfect information tree, not EVP) Please write your answer in units of Smillions and round to 2 decimal places. For example if the answer is 1.250.000. you enter it as 1.25

Indicate whether the statement is true or false, and justify your answer.In 2010, there were nearly 40 million people in the US who went without health insurance for the entire year.

You have been asked to reduce healthcare costs at your organization. With the implementation of the Affordable Care Act and overall healthcare costs on the rise, senior management has asked for you to develop a strategy to find the best health insurance in the competitive markets. A key focus for you is to decrease healthcare expenditures for the organization without foregoing quality for the employees. Senior managers in your organization recently participated in a national survey on “Purchasing Value in Health Care,” conducted by Towers Watson. Here are some of the results: Employers’ Top Challenges in Maintaining Affordable Benefit Coverage:     Employees’ poor health habits    Under use of preventative services    High-cost catastrophic cases and end-of-life care    Poor employee understanding of how to use the plan    Overuse of care through employees seeking inappropriate care    Poor quality or misuse of care because primary, specialty, and facility care are not integrated. You…

The Kimmy J Social Beauty Company is struggling to meet its marketing objective despite the strong social media presence of its founder. To determine why the firm is failing to reach its performance targets, the company’s executives are conducting a cost analysis in the hopes of identifying ways to reduce costs so that they can lower prices and promote the greater value of their products. Which of the following is NOT a fixed cost that is easily lowered?  The Kimmy J Social Beauty Company is struggling to meet its marketing objective despite the strong social media presence of its founder. To determine why the firm is failing to reach its performance targets, the company’s executives are conducting a cost analysis in the hopes of identifying ways to reduce costs so that they can lower prices and promote the greater value of their products. Which of the following is NOT a fixed cost that is easily lowered?  A. Shipping costs B. Material costs C. Commissions D. Employees’…

What combination of changes would most likely decrease the equilibrium price? Multiple Choice supply decreases and demand increases demand increases and supply increases demand decreases and supply decreases supply increases and demand decreases

Will the lottery die out? why / why not ? Explain your answers with examples from the text.

Sh8

If a product sells for $20, variable costs are $8 and fixed costs are $300,000, what would total sales have to be in order to breakeven?

You have a job as a county extension agent and lead workshops for home gardeners. Smith comes to the workshops convinced that mantids will give excellent pest control based on the advertisements. Smith tries to convince everyone that mantids will control all the garden pests, from aphids to cabbage worms. What is a reason why mantids are unlikely to provide an acceptable level of pest control?

Prepare a pitch to investors as to why they should invest in your product. Convince them that you understand your target audience and explain how you will reach them. Practice perspective- taking, and consider what it would be like if you were in your target customer's shoes. Why might you want the product? What might be some reasons you wouldn't buy the product? Create a slideshow presentation of your pitch to potential investors. Be sure to include the answers to these questions: What is your product, and how exactly does it promote good health? Who is your target audience, and what do you know about them? What are the ways you intend to advertise to your target audience? How will you use different aspects of media to sell your product? What makes you sure that your product will be a success within its target culture?