What Is a Principal Factor in the Risk-Utility Test

question 12

Multiple Choice

What is a principal factor in the risk-utility test?

• A)the value of the product
• B)the gravity of the danger
• C)the likelihood that danger will occur
• D)All of these are correct.

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Definitions:

Normative Questions

Questions that are based on subjective judgments or opinions about what ought to be, rather than what is objectively measurable.

Positive

Characterized by presence or possession; affirming an increase or addition in economics.

Explanation

A statement or account that makes something clear or understandable, often providing reasons for actions, decisions, or phenomena.

Normative Statement

A proposition that expresses a value judgment or opinion about what ought to be, rather than what is empirically verifiable.