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Fenton and Farrah

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Fenton and Farrah Friendly, husband-and-wife car dealers are soon going to open a new dealer ship. They have three offers: from a foreign compact car company, from a U.S.-producer of full sized cars, and from a truck company. The success of each type of dealership will depend on how much gasoline is going to be available during the next few years. The profit from each type of dealership, given the availability of gas, is shown in the following payoff table.

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Solution provided by:
Gaurav Agarwal, MS
Education
  • BE, Bangalore University, India
  • MS, University of Wisconsin-Madison
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