The suggestion that people are satisficers is similar to which view
A)People are wealth-maximizers.
B)People are "near rational"
C)People go to a lot of trouble to weigh costs and benefits before choosing a course of action.
D)People frequently change their minds.

Question

Quizplus · Accepted Answer

The view that people are satisficers suggests that they are "near rational" rather than fully rational decision-makers. They seek good enough solutions that meet their basic needs rather than trying to maximize their wealth or utility. This view aligns with the idea that people are not fully rational, as they may not always weigh costs and benefits extensively before making a decision. However, it does not necessarily mean that people frequently change their minds.

The Suggestion That People Are Satisficers Is Similar to Which