In the Context of Human Compromises in Decision Making,rationalization Occurs

question 74

Multiple Choice

In the context of human compromises in decision making,rationalization occurs when people:

• A) select an alternative that they have tried before and that has delivered acceptable results.
• B) consider alternatives only until one is found that meets their minimum criteria for acceptability.
• C) favor solutions that they believe they can justify to others.
• D) remember events that have occurred recently than those that took place sometime in the past.

---

Definitions:

Interest Rate

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, or the return on investment for savings.

Interest Rate

The portion of a loan subject to interest for the borrower, frequently shown as an annual percentage of the outstanding sum of the loan.

Antique Price

The market value of articles that have high value because of their considerable age and historical significance.

Interest Rate

The percentage of the borrowed sum charged to the borrower as interest, generally represented as an annual rate of the total loan amount.