1. Do you think satisficing should be considered rational behavior? What about meliorating? For example, recall the...

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1. Do you think “satisficing” should be considered rational behavior? What about “meliorating”? For example, recall the example of the fisherman who compares ea fish that he cates to the one in the boat, keeping the larger one and throwing the others ba into the water. What might be wrong with an aempt to perform the same exercise with oosing friends, instead of fish? What about selecting a spouse in this manner?

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Microeconomics In Context

ISBN: 9781138314566

4th Edition

Authors: Neva Goodwin , Jonathan M. Harris, Julie A. Nelson , Pratistha Joshi Rajkarnikar , Brian Roach , Mariano Torras

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