The Suggestion That People Are "Satisficers" Is Similar to the View

question 21

Multiple Choice

The suggestion that people are "satisficers" is similar to the view that people

• A)are wealth-maximizers.
• B)exhibit "bounded rationality."
• C)go to a lot of trouble to weigh costs and benefits before choosing a course of action.
• D)change their minds often.

---

Definitions:

Designed Objects

Items that have been created with a specific purpose, function, or aesthetic in mind, often through a deliberate design process.

Analogy

A comparison between two things, typically for the purpose of explanation or clarification.

"Similar To"

A phrase used to indicate that two or more things are alike in some manner or share common attributes.

Inductive Argument

A reasoning process that involves drawing general conclusions from specific observations or instances.