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The town council is deciding between different options for the use of a parcel of open land next to the library. Select the best decision

The town council is deciding between different options for the use of a parcel of open land next to the library. Select the best decision using the maximax and maximin criteria using the payoff table below.

DecisionTown growsTown shrinks

Zone for business$18,500$1,000

Zone for residential$9,650-$5,400

Develop for schools$3,400$2,900

Extend library$2,200$2,200

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