subject
Business, 22.02.2020 05:21 carterlapere

You have gotten tired of working for a living and have taken a brainwave to buy a salvage vessel, cruise to Bermuda, and dive for sunken treasure to become rich. The cost of the vessel, diving gear, a crew, and insurance against "the bends" is $200,000. But the potential payoff is huge: $2 million if you actually find and recover the treasure. Now historically, only 1 out of every 20 treasure hunters like you has ever hit pay dirt.1) Should you invest in diving for treasure, or suck it up and go back to your regular job?2) What is the expected value of Perfect Information on whether there is treasure or not?

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 16:30, charmrenee
Kevin comes across people from various cultures in his job. kevin should deal with people from other cultures with blank . he should communicate by actively
Answers: 3
image
Business, 22.06.2019 19:50, Amholloway13
The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency, government intervention can improve overall welfare o markets allocate goodseffectively
Answers: 1
image
Business, 22.06.2019 21:30, kaitlngley2367
Which is the most compelling reason why mobile advertising is related to big data?
Answers: 1
image
Business, 23.06.2019 00:10, riley01weaver1
Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?
Answers: 3
You know the right answer?
You have gotten tired of working for a living and have taken a brainwave to buy a salvage vessel, cr...

Questions in other subjects:

Konu
Mathematics, 21.11.2019 19:31
Konu
Mathematics, 21.11.2019 19:31