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Jessica is trying to decide if she should buy a new van for her business. Select the best decision using the maximax and maximin criteria
Jessica is trying to decide if she should buy a new van for her business. Select the best decision using the maximax and maximin criteria using the payoff table below. Decision Economy improves Economy worsens Buy large van $26,000 -$3,400 Buy small van $20,500 -$60 Don't buy van $15,200 $8,400 (Points : 3)
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