The objective value of an outcome to a particular problem is usually clear and concise.Subjective utility,on the other hand,tends to carry with it a great deal of variability.What exactly is meant by subjective utility in the decision-making process

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Subjective utility refers to the personal value or importance of an outcome to the individual, which is subjective and can vary from person to person. It takes into account personal preferences, emotions, attitudes, and beliefs that can influence the decision-making process. The other options (B, C, D) do not fully capture the concept of subjective utility.

The Objective Value of an Outcome to a Particular Problem