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Please answer the attached question below The new owner of a beauty shop is trying to decide whether to hire one, two, or three beauticians. She estimates that profits next year (in thousands of dollars) will vary with demand for her services, and she has estimated demand in three categories, low, medium, and high DEMAND MEDIUM NUMBER OF BEAUTICIANS HIGH 100 100 300 LOW One Two Three If she uses the maximax criterion, how many beauticians will she decide to hire? 50 0 (100) 75 100 70 one two three either one or two either two or three

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Answer : c) three

As for Maxima criteria, the best gain of the selected one is more the best gains of all other options.

Here best gain for three beauticians is 300 which is more than best gain for one and two beauticians.

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