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The Factor That Distinguishes Conditions of Risk from Conditions of Uncertainty

Question 3

Multiple Choice
 The factor that distinguishes conditions of risk from conditions of uncertainty is that in conditions of risk:
A) individuals have all of the information they need to make the best possible decision.
B) individuals have information about the potential courses of action.
C) individuals have the information to make optimal decisions that are clear and obvious.
D) individuals have information about the possible outcomes for each course of action.

 The factor that distinguishes conditions of risk from conditions of uncertainty is that in conditions of risk:


A) individuals have all of the information they need to make the best possible decision.
B) individuals have information about the potential courses of action.
C) individuals have the information to make optimal decisions that are clear and obvious.
D) individuals have information about the possible outcomes for each course of action.

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