_________is a term used to describe a home owner who is selling her house, when she makes a decision to sell her house to the first person who comes along, after getting the initial offer.
A)Bounding rationality
B)Competitive
C)Satisficing
D)Optimizing

Question

Quizplus · Accepted Answer

Satisficing is a decision-making strategy that entails searching through the available alternatives until an acceptability threshold is met. This is what the homeowner is doing by accepting the first offer that comes along, rather than seeking the best possible offer.

_________Is a Term Used to Describe a Home Owner Who