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kah868

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Active 6 years ago
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  • August 30, 2019 at 1:13 pm #543835
    Avatarkah868
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    Just read the question again, these figures are the actual outcomes so I understand now. Sorry.

    August 30, 2019 at 1:10 pm #543834
    Avatarkah868
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    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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