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A group of investors wants to open up a jewelry store in a new shopping center. The investors are trying to decide whether to stock the store with inexpensive jewelry, medium-priced jewelry, or expensive jewelry. The probability of their choice depends upon the economic conditions: prosperity or recession. How many decision alternatives are presented in this situation?

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Based on the situation the group of investors face the number of alternatives described is 3 alternatives.

Which alternatives do the investors have?

The investors have the choice of stocking either inexpensive jewelry, medium-priced pieces, or expensive jewelry.

These are three choices in total that they have to pick from in a mutually exclusive scenario.

Find out more on mutually exclusive scenarios at https://brainly.com/question/13920285.

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