Asmall company plans to invest in a new advertising campaign. there is a 20% chance that the company will lose $5,000, a 50% chance of a break even, and a 30% chance of a $10,000 profit. based on this information, what should the company do?

Below is to complete the question above:

Based on this information, should the company build the mousetrap?
A)The expected value is $70,000, so the company should build the mousetrap.
B)The expected value is $85,000, so the company should build the mousetrap.
C)The expected value is $100,000, so the company should build the mousetrap.
D)The expected value is -$70,000, so the company should not build the mousetrap.

The answer is B)The expected value is $85,000, so the company should build the mousetrap.