Author Question: Abigail is shopping for a new copier for her company. She has set her price range between 5,000 and ... (Read 58 times)

abc

  • Hero Member
  • *****
  • Posts: 543
Abigail is shopping for a new copier for her company. She has set her price range between 5,000 and 6,000. The copier must handle a minimum of 10,000 copies per month and have a useful life expectancy of five years.
 
  If Abigail selects the first copier she finds that meets these criteria, we would say she is ________.
  A) using perfect rationality
  B) using bounded rationality
  C) using intuition
  D) satisficing

Question 2

Evelyn's Internet search for information about vendor for machine screws yielded more than 100,000 items. Evelyn did not have time or resources to pursue each of these so she limited her search to only vendors in her state.
 
  By doing this, Evelyn used ________.
  A) perfect rationality
  B) bounded rationality
  C) satisficing
  D) intuition



nicoleclaire22

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

For a complete list of videos, visit our video library