Prepare a Payoff Matrix
-A Clothing Manufacturer Must Decide Which $\$ 16,000$

Multiple Choice

Prepare a payoff matrix
-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. If she emphasizes the budget line, she will make a profit of $\$ 16,000$ if the economy is strong, a profit of $\$ 26,000$ if the economy is weak, and a profit of $\$ 19,000$ if the economy is in-between. If she emphasizes the usual line, she will make a profit of $\$ 38,000$ if the economy is strong, a profit of $\$ 10,000$ if the economy is weak, and a profit of $\$ 30,000$ if the economy is in-between. Prepare a payoff matrix.

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