Business, 27.08.2021 19:20 1963038660
Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50 million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10 million. The complicated technology costs $10 million, whereas the simple technology costs $2 million. What is the expected revenue from developing the simplified software?
a. $10 million
b. $4 million
c. $8 million
d. $6 million
Answers: 1
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Transcendent Technologies is deciding between developing a complicated thought-activated software, o...
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