WebAnswer market concentration income distribution technological progressiveness price discrimination none of the above In long-run equilibrium, all firms in a pure competition market situation operating under a condition of certainty will have identical costs even though they may use different production and operation techniques. Webcertainty / ( ˈsɜːtəntɪ) / noun plural -ties the condition of being certain something established as certain or inevitable for a certainty without doubt Collins English …
3 Conditions of Decision Making: Certainty, Risk, and …
WebAug 17, 2024 · Wow, Jenkins' boss sure threw a tough one at him. Now, it is apparent Mr. Jenkins is going to have some uncertainty about exactly where this plant should go, and he obviously does not want to make ... WebCondition of risk c. Condition of certainty d. The theory of rational choice _______refers to situations that are characterized by uncertainty and risk and where the optimal decision is not clear or obvious. a. Ambiguity b. Condition of risk c. Condition of certainty d. The theory of rational choice Expert Answer 1st step All steps Final answer marketing television ads buyout
Chapter 9 managerial decision making - SlideShare
Web1) Development of alternatives2) Diagnosis and analysis of causes3) Selection of desired alternatives4) Recognition of decision requirement5) Evaluation and feedback A 4) Recognition of decision requirement 19 Q Two area banks, Bank A and Bank B, decided to merge their operations. This is an example of a: A Nonprogrammed decision 20 Q WebUnder conditions of certainty, accurate, measurable, and reliable information on which to base decisions is available to you. The future and outcome are highly predictable under conditions of certainty. Such conditions exist in case of routine and repetitive decisions concerning the day-to-day operations of the business. WebCondition of Risk. Under a _____ __ _____, the decision maker cannot know with certainty what the outcome of a given action will be but has enough information to estimate the … marketing territorial ppt