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Managerial Economics · End Term · 10 May 2026 · January 2026 term · Set 1

Question 15: Expected value of first product is (in \$)\ NOTE: Enter …

Question 15

+1 markWritten answer

Based on the above data, answer the given subquestions.

Expected value of first product is __________(in $)
NOTE: Enter the exact answer without any extra space in the beginning or at the end. Answers Case Sensitive : No

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Correct answer: 1 million

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Question 15 of 37 in the IIT Madras BS Managerial Economics (Managerial Economics) End Term paper sat on 10 May 2026, in the January 2026 term (Managerial Economics 06 May 26). It carries 1 mark.

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