Consider the Following Decision Table with Rewards in $ Millions

question 42

Multiple Choice

Consider the following decision table with rewards in $ millions. The opportunity loss for the combination "S₃" and "d₁" is ___.

• A)9
• B)5
• C)3
• D)0
• E)-1

---

Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price.

Price

The financial sum foreseen, obligatory, or handed over as compensation for something.

Percentage Of Budget

A financial metric that represents the proportion of a specific item or category's cost in comparison to the total budget.

Price Elastic

A term related to price elasticity of demand, indicating how responsive the quantity demanded of a good or service is to a change in its price.