b) An entrepreneur is considering building a new restaurant. She has to decide out of 3 possible locations where she should build. She also knows that the prot per week from each location will depend on when a new highway is built. She has summarise her problem in the following payoff table: Location A Location B Location C This year New Highway is In 5 years time built In 10 years time $ - 400 $400 $400 After consultation with the NSW government she has determined the following probabilities: New highway is built This Year In 5 years time In 10 years time Probability 0.5 0.3 0.2 Calculate the expected monetary value (EMV) for each possible decision. Which location would you select to maximise the expected monetary value