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Fed [463]
3 years ago
8

For a particular maximization problem, the payoff for best decision alternative is $15.7 million while the payoff for one of the

other alternatives is $12.9 million. The regret associated with the alternate decision would be
a. $ 2.8 million.
b. $ 28.6 million
c. $ .129 million
d. $ 15.7 million
Business
1 answer:
antoniya [11.8K]3 years ago
6 0

Answer:

a. $ 2.8 million

Explanation:

Calculation to determine what The regret associated with the alternate decision would be

Using this formula

Regret associate=Payoff for best decision alternative - Payoff for one of the other alternatives

Let plug in the formula

Regret associate= $15.7million - $12.9million

Regret associate= $2.8million

Therefore The regret associated with the alternate decision is $2.8million.

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Answer:

"Threat Of Substitutes"

Explanation:

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3 years ago
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Answer:

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3 years ago
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Art [367]

Answer:

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4 years ago
Trade between individuals and between nations leads to: Trade between individuals and between nations leads to: higher product p
kondor19780726 [428]

Answer:

The correct answer is B.

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3 0
2 years ago
All of the following are factors of production EXCEPT: A. capital) B. labor) C. currency) D. land)
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capital production

pls mark brainliest

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3 years ago
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