The national sales manager for "I colored this" (ICT) T-shirts provides all salespersons with the payoff table shown next,giving the estimated profit when a retailer purchases from one to four dozen T-shirts. The probability of demand for each state of nature is also shown. 
What is the expected payoff for purchasing one dozen T-shirts?
Definitions:
Countertrade
An exchange of goods or services for other goods or services without using a medium of exchange, such as money.
Multidomestic Firm
A multidomestic firm is a company that operates in multiple countries, tailoring its products, marketing, and operations to each local environment rather than standardizing globally.
Transnational Firm
A company that operates beyond its home country, managing production or delivering services in more than one country.
Multinational Firm
A business which functions across various nations, overseeing the manufacturing or provision of services beyond its original country.
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