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12-8. a. If you were faced wih he decian problem showa in he tabe under nsk whic action would you choose? Why? S S2 S3

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12-8. a. If you were faced wih he decian problem showa in he tabe under nsk whic action would you choose? Why? S S2 S3 -S40 $30 $20 A2 20 204 20 10 b. Answer part (a) assuming all payoffs are in thousands of dollars. c. Answer part (a) assuming the decision problem is for a large, wealthy corporation and all payoffs are in tens of thousands of dollars. Further assume that it is unac- ceptable in that corporate environment to recommend a project with a potential pay- off loss greater than, say, $250,000

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