Successful small business owners are
a. not good sources for information on starting yo...
Business, 16.04.2020 00:57, brainlord2848
Successful small business owners are
a. not good sources for information on starting your own business because they generally do not understand failure.
b. valuable sources for information since you can learn from their experiences.
c. good sources of information but risky since their keen sense of sniffing out som.
Answers: 3
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An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?
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