What is a tabular presentation that shows the outcome for each decision alternative under the various possible states of nature called?
A)isoquant table
B)payback period matrix
C)payoff table
D)feasible region
E)decision tree

Question

Quizplus · Accepted Answer

A payoff table is a tabular presentation that shows the outcome for each decision alternative under the various possible states of nature. It allows decision makers to compare and evaluate different decision alternatives based on their probable outcomes. Therefore, C is the best choice.

What Is a Tabular Presentation That Shows the Outcome for Each