Of the two software options, complicated software, now costing $15.5 million with a probability of success at 50%, and the simplified software, with a probability of a success at 65%, which one would the firm choose to develop if it can develop only one?

a. The simple voice-activated software
b. The complicated thought-activated software
c. Neither of the software
d. Need more information

b

Economics

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All of the following are ways in which the government can help insure the quality of information consumers receive except

A) enforcing truth-in-advertising standards. B) awarding monopolies to political supporters and family members. C) requiring businesses to undergo audits of their financial conditions. D) publishing the academic performance of schools.

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Which group of investors vote for a corporation's board of directors?

A) bond holders B) holders of preferred stock C) holders of common stock D) both holders of common and preferred stock

Economics