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.

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Definitions:

Older Adults

Individuals in a population who are considered to be of an advanced age, often categorized as being 65 years old or older.

Positive

Referring to the presence of desirable qualities, constructive outcomes, or affirmative attributes in various contexts.

Last Option

The final choice or alternative available after all other possibilities have been considered or exhausted.

Older Adults

A population group typically characterized by increased age, associated with specific social, economic, and health considerations.