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Just read the question again, these figures are the actual outcomes so I understand now. Sorry.
Please can someone help me? I’m struggling on this question, I don’t understand how the correct answer is £45 (max regret -£10000) when the smallest of the largest regrets would be £20000 at a selling price of £50?
Selling Price
40 45 50 55
Boom £10000 £0 £20000 £30000
Growth £20000 £10000 £0 £20000
Recession £0 £10000 £20000 £30000
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