Question

The type of choice that leads to choosing the first acceptable option which may not necessarily be the best is called satisfying?

a) True

b) False

Answer 1

Satisficing is the type of choice that leads to choosing the first acceptable option, which may not necessarily be the best.

Step-by-step explanation:

The type of choice that leads to choosing the first acceptable option, which may not necessarily be the best, is called satisficing. It means making a decision that meets the minimum requirements or criteria instead of maximizing the outcome. This concept was introduced by economist Herbert A. Simon.