A business has spent $50 million dollars on development of a new laptop. It must spend an additional $20 million to bring the finished computer to market. What are the minimal acceptable returns (after spending $50 million) for management to bring the new laptop to market? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Any amount over $20 million. b Any amount over $50 million. c Any amount over $70 million. d The value, if any, of the results of the $50 million spent so far. e The value, if any, of the results of the $50 million spent so far, plus the $20 million. Typed and correct answers please.
A business has spent $50 million dollars on development of a new laptop. It must spend an additional $20 million to bring the finished computer to market. What are the minimal acceptable returns (after spending $50 million) for management to bring the new laptop to market? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Any amount over $20 million. b Any amount over $50 million. c Any amount over $70 million. d The value, if any, of the results of the $50 million spent so far. e The value, if any, of the results of the $50 million spent so far, plus the $20 million. Typed and correct answers please.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A business has spent $50 million dollars on development of a new laptop. It must spend an additional $20 million to bring the finished computer to market. What are the minimal acceptable returns (after spending $50 million) for management to bring the new laptop to market? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a Any amount over $20 million.
b Any amount over $50 million.
c Any amount over $70 million.
d The value, if any, of the results of the $50 million spent so far.
e The value, if any, of the results of the $50 million spent so far, plus the $20 million.
Typed and correct answers please.
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