Option A has a payoff of $10,000 in environment 1 and $20,000 in environment 2. Option B has a payoff of $12,500 in environment 1 and $17,500 in environment 2. Once the probability of environment 2 exceeds ______, option A becomes the better choice.
A)0.33
B)0.67
C)0.45
D)0.50
E)0.55

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 $12,500 in environment 1 and $17,500 in environment 2. Once the probability of environment 2 exceeds ______, option A becomes the better choice.
A)0.33
B)0.67
C)0.45
D)0.50
E)0.55

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