_______ is the concept that it is rational to make a good enough decision, rather than the best decision, because the time, effort, and money to make the best decision may simply not be worth it.
A) Persuasion
B) Representativeness
C) Satisficing
D) Maximization

Question

Quizplus · Accepted Answer

Satisficing is the concept where decision-makers opt for a solution that is good enough, rather than the optimal one, due to constraints like time, effort, and resources.

_______ Is the Concept That It Is Rational to Make