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Business, 21.09.2019 05:30 zhjzjzzj8225

The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. at a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $3 million. if it would cost $1 million to finish development and make the product, should you go ahead and do so? what is the most that you should pay to complete development?

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The company that you manage has invested $5 million in developing a new product, but the development...
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