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Payoff Table Alternatives

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Blossom's Flowers purchases roses for sale for Valentine's Day. The roses are purchased for $10 a dozen and are sold for $20 a dozen. Any roses not sold on Valentine's Day can be sold for $5 per dozen. The owner will purchase 1 of 3 amounts of roses for Valentine's Day: 100, 200, or 400 dozen roses. The number of alternatives for the payoff table is

a. 4
b. 3
c. 2
d. It cannot be determined.

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Solution Summary

This solution identifies the correct number of alternatives for the payoff table and justifies why.

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