Examlex
Which of the following is an underwriting function?
Prices
The sum of money anticipated, needed, or provided as payment for an item.
Utility Function
A mathematical representation that ranks preferences over a set of goods and services, showing the level of satisfaction or utility a consumer receives.
Income
Revenue received, on a consistent basis, from occupational or investment sources.
Preferences
Preferences refer to an individual's subjective tastes or desires, ranking goods or outcomes in order of choice or desirability in decision making or consumption.
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