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Author Question: To an economist, uncertainty is defined as (Read 53 times)

sammy

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on: May 25, 2020
To an economist, uncertainty is defined as
◦ when an outcome may or may not occur and its probability of occurring is unknown.
◦ a situation where more than one possible choice could be made.
◦ when an outcome may or may not occur, but its probability of occurring is known.
◦ All of the above refer to different types of uncertainty.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by sammy on May 25, 2020

parker125

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sammy

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Reply 2 on: May 25, 2020
Excellent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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