Practice PRMIA 8006 Exam Questions
-
-
Page: 1/58
Total 287 Questions
Question No 1
A utility function expresses:
Question No 2
If x represents wealth, and u(x) its utility, then a logarithmic utility function can be represented by:
Question No 3
Which of the following is one of the basic axioms on which the principle of maximum expected utility is based:
Question No 4
What kind of a risk attitude does a utility function with downward sloping curvature indicate?
Question No 5
What kind of a risk attitude does a utility function with an upward sloping curvature indicate?
-
Page: 1/58
Total 287 Questions
-