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The maximax decision for Susan would be to have a very large gasoline station.
<h3>What is a Maximax decision?</h3>This is the decision that provides a person with the maximum possible profits or advantages.
<h3>What is the Maximax decision in this case?</h3>In this case, the maximax decision is a very large gasoline station because the possible profits add up to $325,000 ($25,000 + $300,000) and the possible losses are $100,000. This implies with this type of gasoline station Susan could maximize her profits even though there is a risk.
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- What is the Maximax decision?
Learn more about decisions in: brainly.com/question/7383200
