Which of the following are involved in the basic decision situation?
A) outcomes
B) a choice among differentially desired and unequally probable alternatives
C) an individual operating within some environment
D) all of the above
E) a and c

Question

Quizplus · Accepted Answer

All of the options listed (outcomes, a choice among differentially desired and unequally probable alternatives, and an individual operating within some environment) are components involved in the basic decision situation.

Which of the Following Are Involved in the Basic Decision