EconS 301 â Intermediate Microeconomics Review Session #13 ...
EconS 301 â Intermediate Microeconomics Review Session #13 ...
EconS 301 â Intermediate Microeconomics Review Session #13 ...
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C ontract is cancelled(probability = 0.45)Do not build$0Contract is not cancelled(probability = 0.55)$200 - $60 million = $140 millionFolded back decision tree8