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For a particular maximization problem, the payoff for the best decision alternative is $15.7 million while the payoff for one of the other alternatives is
For a particular maximization problem, the payoff for the best decision alternative is $15.7 million while the payoff for one of the other alternatives is $12.9 million. The regret associated with the alternate decision would be _____. Group of answer choices $28.6 million $15.7 million $0.129 million $2.8 million
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Managerial Economics
Authors: Mark Hirschey
12th edition
9780324584844, 324588860, 324584849, 978-0324588866
