When Making a Decision Under a Condition of Risk

Multiple Choice

When making a decision under a condition of risk:

A) the decision maker is relatively more likely to make errors.
B) the decision maker clearly knows the consequences of alternatives.
C) the decision maker needs to put in the least amount of time and resources.
D) the decision maker relies exclusively on information and not on experience or intuition.
E) the decision maker clearly knows the payoffs associated with the alternatives.