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    Economics Principles and Policy Study Set 2
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    Exam 8: Output, Price, and Profit: the Importance of Marginal Analysis
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    Herbert Simon Has Concluded That Decision Making in Industry Is
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Herbert Simon Has Concluded That Decision Making in Industry Is

Question 186

Question 186

Multiple Choice

Herbert Simon has concluded that decision making in industry is often best described as


A) optimizing behavior.
B) profit maximizing.
C) satisficing.
D) saturating.

Correct Answer:

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