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QUESTION

1)Local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a thearter.

1)Local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a thearter. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists;profits from the theater will be relativelt stable under any conditions. The following payoff table shows the profit or loss that could result from each investment :GASOLINE AVAILABILITYSurplus$20,000$6,000Determine the best investment using the following decision criteria.a.

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