CIMA P1 Question Answer
A company is considering two mutually exclusive projects.
The returns on each project, at both high and low demand, have been multipled by the estimated probabilities to calculate the expected values shown in the table below:
Market research would be able to determine with certainty what the level of demand will be.
What is the maximum amount that the company should pay for this certainty?
CIMA P1 Summary
- Vendor: CIMA
- Product: P1
- Update on: Jul 29, 2025
- Questions: 260
