You are responsible for purchasing 20 used computers for your company. Red brand computers costs $1,250 and Green brand computers cost $1,800. Based on experience, you believe that 60% of Red Brand computers are lemons low quality)while 20% of green brand computers are lemons low quality). You are willing to pay $1,000 for a known lemon and $2,000 for a known plum. Which brand do you purchase?
A)red
B)green
C)indifferent between brands
D)donʹt buy either brand

Question

Quizplus · Accepted Answer

Red brand computers have a higher expected value than Green brand computers.

You Are Responsible for Purchasing 20 Used Computers for Your