Question: Question 15 (1 point) Unlike Decision Making under Ignorance, With Decision Making under Risk the decision maker: 1) Knows the probabilities of the states of
Question 15 (1 point) Unlike Decision Making under Ignorance, With Decision Making under Risk the decision maker: 1) Knows the probabilities of the states of natures. 2) Knows everything about the problem he is trying to solve. 3) Knows the answer to this question 4) Knows the payoffs
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