The Following Payoff Matrix Shows the Profit Outcomes for Three

Multiple Choice

The following payoff matrix shows the profit outcomes for three projects,A,B,and C,for each of two possible product prices.There is a 60% probability the price will be $10 and a 40% probability the price will be $20. Using the mean variance rule a decision maker would choose

A) A.
B) B.
C) C.
D) can't use this rule under these circumstances