Action Event Probability A B 0.5 40 130 N 0.5 200 110Use the accompanying payoff table with event probabilities to answer parts (a) through (h). 3 Click the icon to view the payoff table with probabilities. a. Calculate the expected monetary value (EMV) for actions A and B. EMV(A) = $ EMV(B) = $ (Type integers or decimals.) b. Calculate the expected opportunity loss (EOL) for actions Aand B. EOL(A) = $ EOL(B) = $ (Type integers or decimals.) c. Explain the meaning of the expected value of perfect information (EVPI) in this problem. Select the correct choice below and ll in the answer box to complete your choice. (Type an integer or a decimal.) O A- The EVPI value of $ represents the maximum amount that you should be willing to pay for perfect information. O B- The EVPI value of 55 represents the minimum amount that you should be willing to pay for perfect information. O C- The EVPI value of $ is the difference between the maximum expected monetary value and the minimum expected monetary value. O D- The EVPI value of $ is the difference between the maximum expected opportunity loss and the minimum expected opportunity loss