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Q1. Decision making under risk and uncertainty (Please refer to data in Case Study to answer this question) Use a decision-making matrix to decide what

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Q1. Decision making under risk and uncertainty (Please refer to data in Case Study to answer this question) Use a decision-making matrix to decide what to do in response to changes the sneaker market. As payoffs, use the figures in the table below. States of nature 10 50 150 -300 100 500 Options -200 200 350 1.1 Produce a decision-making matrix with the information provided. Explain your options (5 marks) 2

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