Business, 11.03.2020 21:37 josie17340

Benjamin believes there is a 40 percent chance that the market will be good, a 30 percent chance that it will be fair, and a 30 percent chance that it will be poor. A market research firm will analyze market conditions and will provide a perfect forecast (they provide a money-back guarantee). What is the most that should be paid for this forecast?

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Benjamin believes there is a 40 percent chance that the market will be good, a 30 percent chance tha...