You Are Trying to Decide in Which of the Three

question 12

Multiple Choice

You are trying to decide in which of the three companies you should invest. Refer to the following Payoff Table. If the market declines in the next year, which of the following statements are correct?
i. The Opportunity Loss for Company A is $300.
ii. The Opportunity Loss for Company B is $0.
iii. The Opportunity Loss for Company C is $50.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) is a correct statement but not (ii) or (iii).
• C) (ii) is a correct statement but not (i) or (iii).
• D) (ii) and (iii) are correct statements but not (i).
• E) All statements are false

---

Definitions:

Bias

A tendency to hold prejudiced views or unfair favoritism toward something or someone.

Documents

Written or printed records that provide evidence or information.

Competent People

Individuals possessing the necessary skills, knowledge, and experience to perform a task or job effectively.

Outdated Adjectives

Outdated adjectives are adjectives that have fallen out of common usage or seem old-fashioned in contemporary language contexts.