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sergejj [24]
3 years ago
5

The decision situations wherein the decision-maker chooses to consider several possible outcomes and the probabilities of their

occurrence can be stated are called _____________.
Social Studies
1 answer:
bearhunter [10]3 years ago
4 0

Answer:

The correct answer to the following question will be "Decisions under risk".

Explanation:

  • When those risks are known or could be inferred, the option of an appropriate strategy based on such probabilities is called under-risk decision-making.
  • Risk means a degree or a level of uncertainty as well as an inability to effectively predict the effects or effects of an event.

Therefore, it's the right answer.

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<h3>What are the factors of production?</h3>

The resources that make up the economy's structure and that people utilize to produce commodities and services are known as the factors of production.

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Learn more about factors of production, here:

brainly.com/question/988852

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