Exhibit 14.7 The Following Questions Use the Information Below

Multiple Choice

Exhibit 14.7
The following questions use the information below.
A decision maker is faced with two alternatives. The decision maker has determined that she is indifferent between the two alternatives when p = 0.45.
-The total worth, value or desirability of a decision alternative is called its

A) usefulness.
B) worthiness.
C) utility.
D) risk.