The following payoff table shows two surveys of data for the monthly rental prices for equivalent apartments in four different locations in a certain city.

-Use the situation above to solve the following: A builder wants to construct apartments of the type referred to in the table and must select one of the four locations A, B, C, or D. Which location should he choose if he wants to maximize his minimum rental charge?

Question

The following payoff table shows two surveys of data for the monthly rental prices for equivalent apartments in four different locations in a certain city.
 
-Use the situation above to solve the following: A builder wants to construct apartments of the type referred to in the table and must select one of the four locations A, B, C, or D. Which location should he choose if he wants to maximize his minimum rental charge?

Quizplus · Accepted Answer

The Answer of The following payoff table shows two surveys of data for the monthly rental prices for equivalent apartments in four different locations in a certain city.
 
-Use the situation above to solve the following: A builder wants to construct apartments of the type referred to in the table and must select one of the four locations A, B, C, or D. Which location should he choose if he wants to maximize his minimum rental charge?

The Following Payoff Table Shows Two Surveys of Data for the Monthly