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

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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