The Following Payoff Table (In Thousands of Dollars) Considers Three

Multiple Choice

The following payoff table (in thousands of dollars) considers three possible levels of demand in a housing complex.Using the maximax approach, the action taken should be to ________________________ .

A) build a small complex
B) build a large complex
C) build a large complex with high demand
D) build a small complex with low demand
E) do not build any size complex