Question

Which of the following is an assumption of rationality to rationale decision making?
a) Preferences are clear
b) Final choice will maximise payoff
c) The problem is clear and unamhiguous
d) All of the above​

Answer 1

Answer:

Option D

All of the above..

Explanation:

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Answer 2

Answer:

   The rational decision-making is preferences are clear, the final choice will maximize payoff, the problem is clear and umamhiguous.

    The correct answer is option d.

Explanation:

• Rational decision-making is a multi-step process for making choices between alternatives.
• The process of rational decision-making favors logic, objectivity, and analysis over subjectivity and insight.
• The word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

The rational model also assumes:

1. An individual has full and perfect information on which to base a choice.

2. Measurable criteria exist for which data can be collected and analyzed.

3. An individual has the cognitive ability, time, and resources to evaluate each alternative against the others.