Abigail is shopping for a new copier for her company. She has set her price range between $5,000 and $6,000. The copier must handle a minimum of 10,000 copies per month and have a useful life expectancy of five years. If Abigail selects the first copier she finds that meets these criteria, we would say she is ________.

Question

Quizplus · Accepted Answer

Abigail is setting specific criteria for her copier purchase, but is willing to settle for the first copier that meets those requirements, rather than continuing to search for the absolute best option. This is an example of satisficing, where she is choosing an option that is "good enough" rather than trying to find the optimal choice.

Abigail Is Shopping for a New Copier for Her Company