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Please show your work in how you got the answer for the problem.
A firm might be liable for $10 million if a lawsuit is brought against it. The firm judges that the probability the suit will be brought is 0.6. In addition, it believes that its chance of winning such a suit (in which case it owes $0) is 0.7. The firm's overall expected liability is:
a) $6 million.
b) $4.2 million.
c) $3 million.
d) $1.8 million.
e) $1.2 million.
this question was submitted once, however, received no answer.
a. Is the firm charging the optimal price for the product? Why? b. Assuming the elasticity remains at --4.0 what is the optimal price?
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Identify Toyota's capabilities and core competencies. How is Toyota placed internally to effectively implement the initiative proposed by Akio Toyoda? What should Akio Toyoda do to return Toyota to profitability?
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