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Herbert Simon challenged the idea, commonly held by economists of his time, that people consistently strive to make optimal decisions. He introduced the idea of
Herbert Simon challenged the idea, commonly held by economists of his time, that people consistently strive to make optimal decisions. He introduced the idea of satisficing, which involves ________. A. only doing enough research or thinking to make the solution seem sufficient B. selecting the best option with the highest utility C. evaluating all possible alternatives objectively D. using an unconscious decision-making process created from distilled experience E. identifying all possible alternative decisions
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