The following are payoffs on maximum column, N25,000, N39,000, N49,000, N25,001. Determine the Optimum solution using the maximax criterion.

The following are payoffs on maximum column, N25,000, N39,000, N49,000, N25,001. Determine the Optimum solution using the maximax criterion.

N25,000.

N39,000.

—>> N49,000.

N25,001.

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