A businessman is confronted with the following opportunity.He can invest $10,000 in a project that will either succeed wildly,fail miserably,or simply pay him back his $10,000.If wildly successful,the project will earn the businessman $110,000,but if it fails he will not get any money back.

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The Answer of A businessman is confronted with the following opportunity.He can invest $10,000 in a project that will either succeed wildly,fail miserably,or simply pay him back his $10,000.If wildly successful,the project will earn the businessman $110,000,but if it fails he will not get any money back.

A Businessman Is Confronted with the Following Opportunity