The town council is deciding between different options for the use of a parcel of open land next to the library. What is the best decision using the maximax and maximin criteria using the payoff table below?
Decision Town grows Town Shrinks
Zone for business $18,000 $1,000
Sone for residential $9,650 $-5,400
Develop for schools $3,400 $2,900
Extend library $2,200 $2,200