Ram Gupta the owner of a chain of family amusement centers in New Delhi plans to open another centre in Gurugram. He must decide whether it should have 20, 25 or 30 video games. He expects that the demand may be high, medium, or low and he has determined probabilities associated with each level. The probabilities and payoffs are as follows: Event Probability 20 Games25 Games35Games High Demand 10.55 Rs. 12600RS. 1800ORs 23000 Medium Demando.30 Rs. 11000 Rs16200 Rs15000 Low Demand 10.15 RS10600 RS 8500 Rs 7100 a) Without further information about demand, what should Mr. Gupta choose to do? b) What is the maximum amount he would be willing to pay for perfectly reliable information