What term refers to all of the objective and subjective outcomes associated with a decision?
A) economic gain
B) ethics
C) expected utility
D) decentralization

Question

Quizplus · Accepted Answer

The term that refers to all of the objective and subjective outcomes associated with a decision is expected utility. This concept combines the potential benefits and drawbacks of a decision in order to determine the overall expected value or return. Economic gain or ethics may be factors in the decision, but they do not encompass all possible outcomes. Decentralization refers to the distribution of power or decision-making authority, and is not directly related to the outcomes of a decision.

What Term Refers to All of the Objective and Subjective