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State of Nature Alternatives Medium Demand Low Demand High Demand 450 Expand to 2 cities 150 -150 Expand to 1 city No expansion Please explain

State of Nature Alternatives Medium Demand Low Demand High Demand 450 Expand to 2 cities 150 -150 Expand to 1 city No expansion Please explain Probability, Payoff, EMV, Minimum, Maximum in a chart form with all formulas and calculations

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