# Question: Which of the following are Actions and which are States

Which of the following are Actions and which are States of Nature?

a) Whether to invest in solar energy companies.

b) Whether your chief competitor decides to launch a new advertising campaign.

c) Whether the decision you made to out-source manufacturing last year turned out to be the cost-saver you thought it would be.

a) Whether to invest in solar energy companies.

b) Whether your chief competitor decides to launch a new advertising campaign.

c) Whether the decision you made to out-source manufacturing last year turned out to be the cost-saver you thought it would be.

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