Canada is considered a developed country. Does that mean we have reached the end of the economic development road? Yes or no, why? Or, can you think of any specific achievements we could collectively pursue to develop our economy further? Specify the definition of economic development that you´re using
Manager John has to make decision in the following situation. …
Manager John has to make decision in the following situation. Three decision alternatives are A, B, and C. Probabilities of unfavorable, so-so, and favorable economy are 0.2, 0.45, and 0.35 respectively. The payoff table is as below: Investment alternatives Economy Development un-favorable so-so favorable Prob=0.2 Prob=0.45 Prob=0.35 A -100 800