When decision makers behave rationally within bounded rationality limits, the result is a ______ decision.
When decision makers behave rationally within bounded rationality limits, the result is a ______ decision.
(a) Satisficing
(b) Optimizing
(c) Maximizing
(d) Poor
✅ Correct option: (a) Satisficing
Explanation: Satisficing means choosing an option that is “good enough,” not perfect.