Question: The town council is deciding between different options for the use of a parcel of open land next to the library. Select the best decision

The town council is deciding between different options for the use of a parcel of open land next to the library. Select the best decision using the maximax and maximin criteria using the payoff table below.

Decision Town grows Town shrinks Zone for business $18,500 $1,000 Zone for residential $9,650 -$5,400 Develop for schools $3,400 $2,900 Extend library $2,200 $2,200

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