Prepare a payoff matrix.A computer manufacturer must decide whether or not to market a new product. The new product may or may not be better than the old product. If the new product is better and the manufacturer markets it, sales should increase by $41,000. If they market the new product and it is not better, they will lose $20,000 to competitors. If the new product is not better than the old product and they do not market it, they will lose just the research costs of $12,000. If the new product is better than the old product and they do not market it, they will lose $49,000. Prepare a payoff matrix.

A.  New Product

  BetterNot Better

B.  New Product
  BetterNot Better

C.  New Product
  BetterNot Better


Answer: B

Mathematics

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