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Author Question: A rating based on an individual's personal assessment of value is called ____ utility. a. ... (Read 86 times)

Haya94

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on: Jun 20, 2018
A rating based on an individual's personal assessment of value is called ____ utility.
 
  a. subjective
 b. calculated
 c. conditional
  d. pragmatic

Question 2

Stephanie and Steve want to buy a new car, and since they have a new baby, they are particularly concerned about safety and security but they also want to simplify their lives as much as possible. They decide to rate the vehicles based on likelihood of any kind of problems, ranging from motor vehicle accidents to computer malfunctions and vehicle breakdowns to ease of removing stains from the upholstery. Given that they selected very different vehicles, it appears that their decisions were based on ____ probabilities.
 
  a. conditional
  b. subjective
 c. bounded
 d. complex


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patma1981

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Reply #1 on: Jun 20, 2018
Answer to Question 1

a

Answer to Question 2

b


Haya94

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Reply 2 on: Jun 20, 2018
Thanks for the timely response, appreciate it

sultansheikh

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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