What is the most that sold pay to complete development

Reference no: EM13235605

The company that you manage has invested 5 million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to 3 million. If it would cost 1 million to finish development and make the product, should you go ahead and do so? What is the most that you sold pay to complete development?

Reference no: EM13235605

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