Managerial utility function is expressed as:
A. u = s (s, m, i)
B. u = s (s, m)
C. u = f (s, m, i)
D. u = f (s, m, i)
Answer:C
Managerial utility function is expressed as:
A. u = s (s, m, i) B. u = s (s, m) C. u = f (s, m, i) D. u = f (s, m, i)