Business, 10.03.2020 04:42 19alexanderetha

A good chance of making a profit. Jerry can open a small shop, a large shop, or no shop at all. The prof- its will depend on the size of the shop and whether the market is favorable or unfavorable for his prod- ucts. Because there will be a 5-year lease on the building that Jerry is thinking about using, he wants to make sure that he makes the correct decision. Jerry is also thinking about hiring his old marketing professor to conduct a marketing research study. If the study is conducted, the study could be favorable (i. e., predicting a favorable market) or unfavorable (i. e., predicting an unfavorable market). Develop a decision tree for Jerry.

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A good chance of making a profit. Jerry can open a small shop, a large shop, or no shop at all. The...

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