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A decision making grid is a way to determine economic value or the opportunity costs. so it just means if you went to shopping and you decided to purchase a blue jeans so your opportunity costs has next best choice would be a game or Mp3 player that you gave up.

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13y ago

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What can a decision-making grid do?

help you determine the oppotunit cost of your decision.


What can decision making grid do?

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What is a decision-making grid?

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What is a decision making grid?

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What is decision making grid?

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A decision making grid is a visual way of?

5.A decision-making grid is a visual way of (1 point)(1 pt) examining opportunity costs.(0 pts) selling goods or services.(0 pts) making marginal decisions.(0 pts) identifying shortages.1 /1 point


What can a decisions-making grid do?

help you determine the oppotunit cost of your decision.


What can a decision- making grid do?

help you determine the oppotunit cost of your decision.


To arrive at an economic decision a decision making grid may be used to evaluate?

Alternative choices of action.


What are the three advantages of a decision-making grid?

A decision-making grid offers a clear visual representation of options, making it easier to compare and evaluate alternatives systematically. It helps identify the most important criteria for decision-making, ensuring that all relevant factors are considered. Additionally, the grid facilitates group discussions by providing a structured framework, promoting transparency and consensus among team members.


A decision-making grid is a visual way of?

5.A decision-making grid is a visual way of (1 point)(1 pt) examining opportunity costs.(0 pts) selling goods or services.(0 pts) making marginal decisions.(0 pts) identifying shortages.1 /1 point