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A firm must choose between remaining where it is, with current capacity, and building a new facility with 50% more capacity. The probability of high demand is estimated to be 75%. The current facility would provide $100,000 profit if there is high demand or $50,000 profit if there is low demand. The replacement facility would provide $160,000,000 profit if there is high demand but would only break even if there is low demand. What is the expected value of each option?
Superego
(sue-per-EE-go) The moral system of the personality, which consists of the conscience and the ego ideal.
Angel
A spiritual being believed to act as a messenger of God, typically portrayed as a human figure with wings.
Conscience
An inner sense of right and wrong that guides a person's thoughts and actions.
Ego Ideal
The component of the personality composed of the standards of what one aspires to be, based on societal values and parental expectations.
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