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If payoffs are profits, the maximin criteria finds the alternative that: maximizes the minimum regrets of all the alternatives maximizes the minimum profits of all

If payoffs are profits, the maximin criteria finds the alternative that:

  • maximizes the minimum regrets of all the alternatives
  • maximizes the minimum profits of all the alternatives
  • minimizes the maximum profits of all the alternatives
  • minimizes the minimum profits of all the alternatives
  • none of the other choices is correct
  • minimizes the maximum regrets of all the alternatives

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