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.
It means the country is producing more capital goods than the consumer goods.The economy of the country will rise along with the rise in capital goods
They gain some degree of power by means of differentiating their products from those of other firms in the industry. Remember that a monopolistic competition is the one where many firms selling products that are similar but not identical which is very different from oligopoly and the one known as imperfect competition
The brain and the spinal cord are covered by the central nervous system.
The answer would be policy adoption. Policy adoption is the third phase in of the policy process. In this phase, policies are adopted by the government or government body which will be used for the future implementation of those policies.
