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1. Given the following decision tree where the end oints of the tree are in payoffs and maximizing our payoffs. License Technology Demand High (0.25)

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1. Given the following decision tree where the end oints of the tree are in payoffs and maximizing our payoffs. License Technology Demand High (0.25) 25 55 Patent Awarded -10 (0.7) Develop Marketing & Production Demand Medium (0.55) Domanda Continue Development de renco e 33 pimento Demand Low (0.20) 15 No Patent Awarded (0.3) Stay Development Perform a one-way sensitivity analysis on the probability (p) for No Patent Awarded. (Currently this value is set at 0.3). Hint: replace the 0.3 with variable p, and find the values of p where each one of the decisior strategies is preferable. In and we have determined for two

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