It is assumed that a rational decision maker ________.
A) faces unclear and ambiguous problems
B) is limited by his or her ability to process information
C) is unaware of all the possible alternatives and consequences
D) is fully objective and logical

Question

Quizplus · Accepted Answer

A rational decision maker is assumed to be fully objective and logical in their decision-making process, taking into account all available information and alternatives. They are expected to make decisions that are in their best interest, based on their goals and preferences, and to avoid making decisions that are influenced by emotions or biases. While they may face unclear and ambiguous problems and be limited by their ability to process information, the assumption is that they will still make the best decision possible given these constraints.

It Is Assumed That a Rational Decision Maker ________