3) Using the consequence table from question 2, determine a preferred vehicle using even swaps and...

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3) Using the consequence table from question 2, determine a preferred vehicle using even swaps and dominance (12 pts) Consider the following swaps to determine a preferred alternative (show all your work and explain your logic): You would be willing swap a decrease in safety from "excellent" to "average" for a savings of $1,000 on cost You would be willing swap a decrease in familiarity from "excellent" to "good" for a savings of $1,000 on cost You would be willing swap a decrease in MPG from "excellent" to "terrible" for a savings of $2,000 on cost Alternative Cost Safety MPG Familiarity A 10000 Excellent Excellent Good B 9500 Excellent Poor Average C 6700 Average Terrible Good D 8700 Excellent Poor Excellent Qualitative ratings are generated according to the following scale: Terrible (1), Poor (2), Average (3), Good (4), Excellent (5) 3) Using the consequence table from question 2, determine a preferred vehicle using even swaps and dominance (12 pts) Consider the following swaps to determine a preferred alternative (show all your work and explain your logic): You would be willing swap a decrease in safety from "excellent" to "average" for a savings of $1,000 on cost You would be willing swap a decrease in familiarity from "excellent" to "good" for a savings of $1,000 on cost You would be willing swap a decrease in MPG from "excellent" to "terrible" for a savings of $2,000 on cost Alternative Cost Safety MPG Familiarity A 10000 Excellent Excellent Good B 9500 Excellent Poor Average C 6700 Average Terrible Good D 8700 Excellent Poor Excellent Qualitative ratings are generated according to the following scale: Terrible (1), Poor (2), Average (3), Good (4), Excellent (5)