Instruction 17-3
the Following Payoff Table Shows Profits Associated with a Set

question 65

Multiple Choice

Instruction 17-3
The following payoff table shows profits associated with a set of three alternatives under two possible events.
$$\begin{array} { c c c c } \text { States } & A 1 & A 2 & A B \\\hline 1 & 12 & - 2 & 8 \\2 & 4 & 10 & 5\end{array}$$ where:
S1 is event 1
A1 is action alternative 1
S2 is event 2
A2 is action alternative 2
A3 is action alternative 3
-Referring to Instruction 17-3,the opportunity loss for A2 when S1 occurs is________.

• A) 14
• B) 0
• C) 5
• D) -2

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Definitions:

Buildup of Resistance

The gradual increase in opposition or pushback against a particular idea, change, or directive.

Sense of Continuity

The perception or belief in the ongoing, uninterrupted existence or operation of something.

Sacrifices

The act of giving up something valued for the sake of something else regarded as more important or worthy.

Outsourced

The practice of having certain job functions or tasks performed by external parties or contractors instead of in-house personnel.