SCENARIO 20-2 The Following Payoff Matrix Is Given in Dollars

Multiple Choice

SCENARIO 20-2
The following payoff matrix is given in dollars.

Suppose the probability of Event 1 is 0.5 and Event 2 is 0.5.
-Referring to Scenario 20-2,what is the best action using the maximax criterion?

A) Action A
B) Action B
C) Either Action A or Action B
D) It cannot be determined.