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The term satisficing means that . . . a . you have perfect information about all alternatives. b . you make decisions that satisfy the
The term satisficing means that
a you have perfect information about all alternatives.
b you make decisions that satisfy the goals of others.
c you make decisions aiming to reach some acceptable standard.
d you are motivated by altruistic objectives.
e you seek to satisfy your immediate desires without thought for the long term.
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