QUESTIONS: A business owner is trying to decide whether to buy, rent, or lease office space and has constructed the following payoff table based on whether business is brisk or slow. STATES OF NATURE 12 Slow -10 Alternative Brisk 90 Rent 70 Lease 60 Buy 40 55 42. The maximax strategy is: A) Buy B) Rent C) Lease D) Brisk E) Slow 43. The maximin strategy is: A) Buy B) Rent C) Lease D) Brisk E) Slow 44. The equally likely strategy is: A) Buy B) Rent C) Lease D) High E) Low