What states of nature useful in constructing payoff table

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A trainee in a realty firm is being paid a straight salary, but has the opportunity to (a) continue with straight salary, (b) change to straight commission, or (c) change to a combination that includes a lower base salary and a commission on each sale.

What states of nature might be useful in constructing a payoff table for this situation?

Reference no: EM131409876

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