In the context of rational decision-making theory,an option's utility reflects its
A) desirability.
B) likelihood.
C) practicality.
D) sensibleness.

Question

Quizplus · Accepted Answer

Utility refers to the level of desirability or satisfaction that an individual derives from a particular option. Therefore, option A is the best choice because it reflects the desirability of an option in rational decision-making theory.

In the Context of Rational Decision-Making Theory,an Option's Utility Reflects