Which of the following terms refers to the point at which objective probabilities and subjective weights coincide?
A) utility point
B) crossover point
C) reference point
D) reservation point

Question

Quizplus · Accepted Answer

The term "crossover point" refers to the point at which objective probabilities and subjective weights coincide in decision-making. The other options (utility point, reference point, reservation point) are also terms used in decision-making, but they do not specifically refer to this concept.

Which of the Following Terms Refers to the Point at Which