Residents of mill river have fond memories of ice skating at a local park. an artist has captured the experience in a drawing and is hoping to reproduce it and sell framed copies to current and former residents. he thinks that if the market is good he can sell 500 copies of the elegant version at $150 each. if the market is not good, he will sell only 450 at $100 each. he can make a deluxe version of the same drawing instead. he feels that if the market is good he can sell 700 copies of the deluxe version at $110 each. if the market is not good, he will sell only 350 copies at $90 each. in either case, production costs will be approximately $40 comma 000. he can also choose to do nothing at this time. if he believes there is a 50% probability of a good market, what should he do? a. make the deluxe version b. make the elegant version c. nothing

Answer

A. Make the deluxe version

The answer and procedures of the exercise are attached in a the following images.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 3 sheets with the formulas indications.  

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.