Answer:
True
Explanation:
<u>Decision making under certainty: </u>
It is the decision, maker known with reasonable certainty what the alternative and outcomes of each alternative, and outcomes of each alternative. Under the condition of certainty, accurate, measurable, and reliable information on that to base the decision is available.
<u>Decision making under risk: </u>
When a manager lacks perfect information or wherever an information asymmetry exists, the risk arises, Under a state of risk decision-maker has incomplete information about available alternatives but has a good idea of the probable outcomes of each alternative.
Answer:
Marketing better, adverising, buying limited quantities
Explanation:
Answer:
1. which of the following is a determinant of supply
the price of a substitute in production
2. which of the following events would shift a supply curve to the left
local government increases the taxes that are levied on firms
3. a business produces apple juice and orang juice. the price of orange juice has increased $2.00 to $2.50. this can be modeled by ________
a shift of the supply curve for apple juice to the left
4. The federal government is considering providing a per-student subsidy to private schools in the country. What is the anticipated effect of the subsidy on the supply of private education
at any given price, the quantity supplied of private education will increase
5. A state program has increased the availability of vocational education opportunities for welders. As such, the welding workforce is expected to be far more educated in the skills and concepts pertaining to its job within the next year. At the same time, the price of welding tools has recently increased. What is the anticipated impact on the supply of welding
it is impossible to tell
Explanation:
hope this helps