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Consider the accompanying payoff table below. Demand Alternative Level 1 Level 2 Level 3 Level 4 A 500 500 500 500 B -200 1100 1100

Consider the accompanying payoff table below.

Demand

Alternative

Level 1

Level 2

Level 3

Level 4

A

500

500

500

500

B

-200

1100

1100

1100

C

-1200

200

1600

1600

D

-1800

-600

700

2200

Which alternative is selected by the optimistic decision maker?

A.

Optimistic decision is: Alternative B with payoff of -1200

B.

Optimistic decision is: Alternative D with payoff of 2200

C.

Optimistic decision is: Alternative A, or B, or C, or D with payoff of 500

D.

Optimistic decision is : Alternative C with payoff of 1600

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