menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 21
  4. Exam
    Exam 9: Decision Making by Individuals and Firms
  5. Question
    The "Good Enough" Method of Decision Making Is Also Called
Solved

The "Good Enough" Method of Decision Making Is Also Called

Question 19

Question 19

Multiple Choice

The "good enough" method of decision making is also called:


A) utility-maximizing behaviour.
B) profit-maximizing behaviour.
C) bounded rationality.
D) irrational decision making.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: According to the profit-maximizing principle of marginal

Q18: Use the following to answer question: <img

Q20: Use the following to answer question

Q23: Use the following to answer questions :<br>Scenario:

Q24: Cindy just graduated from university and started

Q35: Because resources are scarce,the true cost of

Q42: In economics,a marginal value refers to:<br>A)the value

Q53: The amount by which an additional unit

Q68: While eating pizza,you discover that the marginal

Q127: As George ate pizza during one recent

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines