function a decision maker seeks to maximize or minimize is the ________ function.
A)optimal
B)decision-making
C)objective
D)marginal
E)none of the above

Question

Quizplus · Accepted Answer

The function that a decision maker seeks to either maximize or minimize is known as the objective function. This is because the goal of the decision maker is to achieve a specific objective or outcome, which is determined by the objective function. The other options listed are not the correct term for this concept.

Function a Decision Maker Seeks to Maximize or Minimize Is