The Part of a Decision Table That Specifies Which Actions

question 147

Multiple Choice

The part of a decision table that specifies which actions are to be followed for a given set of conditions refers to:

• A)action stubs
• B)condition list
• C)rules
• D)decision list

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Definitions:

Excess Demand

When the quantity demanded of a good exceeds the quantity supplied.

Utilities Possibilities Frontier

A graphical representation that shows the maximum amount of two different utilities that can be achieved with a given set of resources.

Unattainable

Refers to goals, objectives, or levels of production that cannot be achieved with the current availability of resources or technology.

Utilities Possibilities Frontier

A graphical representation showing the maximum levels of utility that two individuals or more can achieve given a fixed set of resources.