Calculate the Expected Value for Sell Company Success Moderate Success Failure Probability 0.3 0.3 0.4 Sell Company 75 75 75 Form Joint Venture 210 120 19 Sell Software on own 420 208 100

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?