Option A has a payoff of $10,000 in environment 1 and $20,000 in environment 2. Option B has a payoff of $5,000 in environment 1 and $27,500 in environment 2. Once the probability of environment 1 exceeds ______, option A becomes the better choice.
A)0.40
B)0.45
C)0.50
D)0.57
E)0.60

Question

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The Answer of Option A has a payoff of $10,000 in environment 1 and $20,000 in environment 2. Option B has a payoff of $5,000 in environment 1 and $27,500 in environment 2. Once the probability of environment 1 exceeds ______, option A becomes the better choice.
A)0.40
B)0.45
C)0.50
D)0.57
E)0.60

Option a Has a Payoff of $10,000 in Environment 1