Question: answer please IF YOU BUILD A SMALL. DEVELOPMENT AND DEMAND IS STRONG FOR YOUR HOUSES, YOU WILL YEILD A PROFIT OF $10M, AND, IF DEMAND
answer please
IF YOU BUILD A SMALL. DEVELOPMENT AND DEMAND IS STRONG FOR YOUR HOUSES, YOU WILL YEILD A PROFIT OF \$10M, AND, IF DEMAND IS WEAK, THE PROFIT WILL BE $6M. IF YOU BUILD A MEDIUM DEVELOPMENT AND DEMAND IS STRONG FOR YOUR HOUSES, YOU WILL YEILD A PROFIT OF \$12M, AND, IF DEMAND IS WEAK, THE PROFIT WILL BE \$5M. IF YOU BUILD A LARGE DEVELOPMENT AND DEMAND IS STRONG FOR YOUR HOUSES, YOU WILL YEILD A PROFIT OF \$30M, AND, IF DEMAND IS WEAK, THE PROFIT WILL BE NEGATIVE \$10M. CONSTRUCT A PAYOFF TABLE FOR THIS PROJECT. IF YOU TAKE THE OPTIMISTIC APPROACH WHAT WOULD YOUR DECISION BE? WHAT ABOUT A CONSERVATIVE APPROACH
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