You try to plant 200 acre fruits and choose either between plant apple, orange and pear . The three types yield 3 metric tons of fruits per acre, are productive for 30 years (beginning in 4 years for trees to be mature), and that the forecasted average wholesale prices over production period $20/Arce for apple , $25 /Arce for orange , and $10 /Arce for pear. Apple consume 8 cm3 of water per Arce , orange consume 7 cm3 of water per Arce , and pear consume 4cm3 of water per Arce. There is considerable uncertainty about the future price of agricultural water. If the price of water is High it will be $320 /cm3. If the price of water is Medium it will be $270 /cm3. If the price of water is Low it will be $10/cm3. a. Create the payoff table for annual profits (during productivity) Compute the following decisions AND associated payoffs/regret: b. Maximax Payoff c. Maximin Payoff d. Minimax Regret