Prepare a payoff matrix.A clothing manufacturer must decide which of two clothing lines to emphasize for the spring season, her usual line or a budget line. Her success with each line depends on the state of the economy next year. If she emphasizes the budget line, she will make a profit of $12,000 if the economy is strong, a profit of $29,000 if the economy is weak, and a profit of $18,000 if the economy is in-between. If she emphasizes the usual line, she will make a profit of $38,000 if the economy is strong, a profit of $9000 if the economy is weak, and a profit of $29,000 if the economy is in-between. Prepare a payoff matrix.
A.
Strong | In-between | Weak |
Economy | Economy | Economy |


B.
Strong | In-between | Weak |
Economy | Economy | Economy |


C.
Strong | In-between | Weak |
Economy | Economy | Economy |


Answer: C
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