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Transcendent Technologies is deciding between developing a complicated thought-activated software,or a simple voice-activated software.Since the thought-activated software is complicated,it only has a 30% chance of actually going through to a successful launch,but would generate revenues of $50million if launched.The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million.The complicated technology costs 10million,whereas the simple technology costs 2million.
-If the complicated technology costs $10million to develop while the simple technology costs $2million to develop,which technology is more profitable to develop?
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A country in East Asia, the world's most populous nation, known for its vast history, rich culture, and rapid modern economic development.
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