Calculation of the most payment to complete development

Assignment Help Macroeconomics

Reference no: EM13197802

Imagine that you manage a company that has invested $5 million in developing a new product, but has not completed development. At the last meeting, your salespeople report that the arrival of new competing products has reduced expected sales of your new product to $3 million.

If it would cost $1 million to finish development and make the product, should you do so?

What is the most you should pay to complete development? Why?

Reference no: EM13197802

Questions Cloud

Find the width of the outside of the picture frame : The outside of a picture frame has a lenght of 3 cm more than width. The area enclosed by the outside of the picture frame is 154 square cm. Find the width of the outside of the picture frame.

Define quotations and summaries into a patchwork quilt : Do not restrict yourself to a report that merely stitches together quotations and summaries into a patchwork quilt. Interpret the information you collect and develop a thesis. Explain, justify, and defend that thesis in your essay.

Explain why the suggestion box filled so quickly : Recently, a suggestion box appeared at work. The only person who filled out a card to make a suggestion was Chloe. A couple of days later, the boss came into the office when everyone was there, and told Chloe that he was pleased that she had made ..

Write a rule to describe the function : An employee receives a weekly salary of $310 and a 4% commision on all sales

Calculation of the most payment to complete development : Our salespeople report that the arrival of new competing products has reduced expected sales of your new product to $3 million. what is the most you should pay to complete development.

Predict that michikos behavioral expression : Michiko lives in Japan and Krystal, Michiko's penpal, lives in the United Sates. Based on research into cultural differences in emotional styles, you should predict that Michiko's behavioral expression will tend to emphasize.

State civil war historian dudley taylor cornish observes : Civil War historian Dudley Taylor Cornish observes that many Southerners were so terrified of slave revolts that the sight of armed black men filled them with fear

What are the overall dimensions : You are designing a rectangular poster to contain 80 in^2 of printing with 3 inch margins at the top and bottom and 1.5 inch margins at each side. What are the overall dimensions that will minimize the amount of paper use?

What is the weight of a person on the moon : A person who weighs 180 pounds on Earth weighs 30 pounds on the Moon. What is the weight of a person on the Moon who weighs 240 pounds on Earth?

User Account

All Pages