Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. Note: You can drop 3 zeros for numbers in thousands. How much (in thousands) is the expected payoff if the company bids low? How much (in thousands) is the expected payoff if the company bids medium? How much (in thousands) is the expected payoff if the company bids high? What is the best decision based on expected value approach? (Bid Low/Bid Medium/Bid High) How much (in thousands) is the expected payoff if the company has full information about competitors' bid? Calculate the expected value of perfect information (in thousands)? How much (in thousands) is the maximum regret of the company if they bid low? How much (in thousands) is the maximum regret of the company if they bid medium? How much (in thousands) is the maximum regret of the company if they bid high? What is the best decision based on minimax regret approach? (Bid Low/Bid Medium/Bid High)