Which of the following is a typical characteristic of heuristics?
A)They provide us with a simple way of dealing with complex problems.
B)They have the best likelihood of reaching an optimal solution to a problem.
C)They are time and resource consuming.
D)They are used mainly by irrational decision makers.

Question

Which of the following is a typical characteristic of heuristics? 
A)They provide us with a simple way of dealing with complex problems.
B)They have the best likelihood of reaching an optimal solution to a problem.
C)They are time and resource consuming.
D)They are used mainly by irrational decision makers.

Quizplus · Accepted Answer

Heuristics are shortcuts or rules of thumb that provide a simple way of dealing with complex problems. They may not always lead to the best solution, but they are often useful in real-life decision-making situations where time and resources are limited. Heuristics are not limited to irrational decision-makers; everyone uses heuristics to some extent in their decision-making processes.

Which of the Following Is a Typical Characteristic of Heuristics