Which of the Following Utility Functions Is an Example of Preferences

question 29

Multiple Choice

Which of the following utility functions is an example of preferences for perfect complements?

• A) \(U ( x , y ) = y \sqrt { x }\)
• B) \(U ( x , y ) = \min \{ 2 x , y \}\)
• C) \(U ( x , y ) = 3 x + 5 y\)
• D) \(U ( x , y ) = 2 x ^ { 2 } + 4 y\)

Recognize key personal traits for sales success and their impact on sales performance.

Understand the process and considerations in sales force creation and management.

Differentiate between various sales roles and their objectives within the sales process.

Appreciate the complexities of sales performance evaluation, including ethical dilemmas and assessment methods.

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Definitions:

Dorsal Raphe Nucleus

A nucleus located in the brainstem involved in the release of serotonin and implicated in the regulation of mood, sleep, and anxiety.

Learned Helplessness

An instance where a person is overwhelmed by feelings of helplessness, caused by either a distressing event or continual lack of success.

Contingency Blocking

A phenomenon in classical conditioning where a previously learned association prevents the learning of a new association.

Latent Learning

A learning process that occurs without any immediate expression of the learned behavior or association until a suitable motivation is provided.