0.59
Good market
(a) Conduct survey $60,000
If favorable, build large shop Large shop $60,000 $60,000
If unfavorable, don’t build any shop
0.90
Good market
0.90
0.60 Good market
Favorable $25,000
1Small shop $30,000 $25,000
0.12
-$5,000 $25,000 Good market
0.40 Good market
Unfavorable $25,000
3 Small shop $30,000 $25,000
Problem 8-28