A Decision Maker Who Is Irrational

question 85

Multiple Choice

A decision maker who is irrational:

• A)chooses an option that makes him or her worse off,rather than choosing another available option.
• B)chooses the option that makes him or her better off,rather than choosing another available option.
• C)allocates income to maximize his or her satisfaction from consuming goods and services.
• D)seeks to maximize business profit.

---

Definitions:

Field of Experience

involves the background, knowledge, perceptions, and attitudes that individuals bring to a communication situation.

Marketing Activities

Actions or tasks related to promoting and selling products or services, including advertising, content marketing, and product development.

Field of Experience

Refers to the accumulated knowledge and skills that individuals or organizations possess, usually related to a specific industry or professional area.

Communication Process

The sequence of steps wherein information is transferred from a sender to a receiver effectively.