Consider three ideas (v,c), where idea 1 is (5,25), idea2 is (4,15), and idea 3...

Consider three ideas (v,c), where idea 1 is (5,25), idea 2 is (4,15), and idea 3 is (6, 29).

Find a value of R such that:

a. Idea 1 is chosen.

b. Idea 2 is chosen.

c. Idea 3 is chosen.

If such a value R does not exist for any of the above, briefly explain why.

Solutions

Expert Solution

From the given information,

a) For idea 1,

R = 5/25 = 0.2

b) For idea 2,

R = 4/15 = 0.2667

c) For idea 3,

R = 6/29 = 0.2069

ekkarill92 answered 2 years ago

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