A company chooses one of four options; then nature decides whether the choice works.If it does not work,the company has two updating options,each with three possible payoffs.How many decision forks are on the tree depicting this?
A) 5.
B) 12.
C) 17.
D) 28.
E) 36.

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The Answer of A company chooses one of four options; then nature decides whether the choice works.If it does not work,the company has two updating options,each with three possible payoffs.How many decision forks are on the tree depicting this?
A) 5.
B) 12.
C) 17.
D) 28.
E) 36.

A Company Chooses One of Four Options; Then Nature Decides