The utility function for money is a curve that depicts the relationship between
a. decision alternative and utility. b. branch probabilities and utility.
c. regret and utility. d. monetary value and utility.
d
RATIONALE: A curve that depicts the relationship between monetary value and utility is known as the utility function for money.
Business
You might also like to view...
The Good Housekeeping Seal of Approval is an example of a:
a. trademark. b. service mark. c. collective mark. d. certification mark.
Business
A seller's employees go on strike, is this a commercial impossibility a valid legal excuse for not performing under a sales contract
Indicate whether the statement is true or false
Business