A Util Is

question 288

Multiple Choice

A util is

• A) a hypothetical unit of satisfaction.
• B) equal to $1.
• C) a measure of income.
• D) one unit of electricity.

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Definitions:

Designated Authority

An individual or entity officially given the power or responsibility to make decisions.

Referent Power

A form of influence that stems from being admired and respected, rather than holding formal authority.

Group Influences

The effects or impacts that a group may have on the attitudes, beliefs, and behaviors of its members.

Internalized Value

An internalized value is a belief, standard, or principle that an individual adopts as their own guiding behavior or decision-making process.