Question: A decision maker must decide between two options, creatively named Option 1 and Option 2 . Each can result in a success with a profit

A decision maker must decide between two options, creatively named Option 1 and Option 2.
Each can result in a success with a profit of $100 or a failure with a loss of $50. Option 1 costs $30, but it increases the chances of success to 66%. Option 2 costs nothing, but the chance of success is 50%.

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