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Super Toys are planning to market one of three new superhero toys. The company estimates that potential profit, given one of the three economic situations,
Super Toys are planning to market one of three new superhero toys. The company estimates that potential profit, given one of the three economic situations, is as follows: Boom Stable Recession R'000 R'000 R'000 Superman 80 000 40 000 (20 000) Batman 60 000 30 000 (10 000) Spiderman 55 000 22 000 5. 000) Calculate which product should be produced if the minimax criterion is applied? Superman Batman Spiderman
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