Question: [ 2 0 points ] Aaliyah Brown owns a small bakery named Sweet Delights and is considering expanding her product line with different dessert options.

[20 points] Aaliyah Brown owns a small bakery named Sweet Delights and is considering
expanding her product line with different dessert options. She's presented with the following
alternatives:
For example, if Aaliyah chooses 'Cupcake Bliss' dessert and if there is a favorable market, she will
realize a profit of $25,000. On the other hand, if the market is unfavorable, Aaliyah will suffer a loss of $10,000. Aaliyah has always been a very optimistic decision maker.
a. What type of decision is Aaliyah facing?
b. What decision criterion should Aaliyah use as an optimistic decision maker?
c. Which dessert alternative is the best according to the decision criterion in (b)?
d. If a pessimistic approach is used, what criterion should be used?
e. If Aaliyah is using a pessimistic approach, which dessert alternative should be chosen?
Why?
 [20 points] Aaliyah Brown owns a small bakery named Sweet Delights

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