Food Court You have just signed a threeyear lease on a locat

Food Court You have just signed a three-year lease on a location in the food court at the Pacific Centre mall. You must decide what restaurant to open: Rice Realm, Sushi Station, or Teriyaki Turf. Sales will either be Good or Fair. The table below shows the profit estimates for each outcome. Furthermore, the probability of Good sales is 75% and Fair sales is 25%. Good $250,000 $325,000 $215,000 Fair Rice Realm Sushi Station Teriyaki Turf $50,000 -$75,000) $35,000 Throughout this question, we use the bold letters for notation, e.g., R-Rice Realm.

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