Multiple Choice
Use the payoff matrix to determine the best strategy.
-A clothing manufacturer must decide which of two clothing lines to emphasize for the spring season, her usual line or a budget line. Her success with each line depends on the state of the economy next year. She estimates the payoff matrix to be as follows:
What is the manufacturer's best strategy if she is an optimist?
A) Wait and see
B) Emphasize the budget line
C) Emphasize the usual line
Correct Answer:

Verified
Correct Answer:
Verified
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