Subjective Utility Refers to

question 275

Multiple Choice

Subjective utility refers to

• A) the expected value of an outcome.
• B) what an outcome is personally worth to an individual.
• C) a personal estimate of what the probability of an outcome is.
• D) an individual's willingness to take risks.

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Definitions:

Positive Self-report

A method of gathering data in which individuals report their own behavior, feelings, or attitudes in a positive light.

Actualization Tendency

An innate drive in humans to grow, improve, and realize their fullest potential.

Maladjustment

A condition in which an individual's adaptation to life circumstances is considered inadequate or dysfunctional.

Current Feelings

A person's immediate emotional state or affect at a given moment, which may fluctuate based on various factors including environment and thoughts.