Question: Given this payoff table: - Payoff in $ thousands. a. Determine the range of P(1) for which each alternative would be best, treating the payoffs
Given this payoff table: - Payoff in $ thousands. a. Determine the range of P(1) for which each alternative would be best, treating the payoffs as profits. (Round your answers to 3 decimal places. Include the indifference point itself.)
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