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A surgeon is involved in a $ 3 million malpractice suit. He can either settle out of court for $ 7 5 0 , 0
A surgeon is involved in a $ million malpractice suit. He can either settle out of court for $ or go to court. If he goes to court and loses, he must pay $ plus $ in court costs. If he wins in court the plaintiffs pay the court costs. Identify the actions of this decisionmaking problem.
a Two choices: win the case in court and lose the case in court.
b Four consequences resulting from GoSettle and WinLose combinations.
c Two choices: go to court and settle out of court.
d The amount of money paid by the doctor.
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