You own property that may have oil under it. You can lease the property to another firm for $10,000. It you decide to drill for oil, it will cost $70,000. There is a 50% chance of a dry well that would generate no return. There is a 30% chance of a moderately wet well that would generate a return of $120,000 and a 20% chance of hitting a soaker that would return $270,000. (Note this problem was developed in the 1960s when these were serious amounts of money.) A) What choice will maximize expected profits (Return Cost)? B) At what probability of a dry well is the expected value of drilling a well equal to the expected value of leasing the property