Heuristics a. are shortcuts that save time and energy in decision making. b. are rules of thumb that generate decisions that generally maximize net benefits. c. always waste mental resources by leading people to suboptimal outcomes. d. take a long time to develop and are therefore avoided by rational decision makers.

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Business

Bossy

1 January, 14:22

Heuristics a. are shortcuts that save time and energy in decision making. b. are rules of thumb that generate decisions that generally maximize net benefits. c. always waste mental resources by leading people to suboptimal outcomes. d. take a long time to develop and are therefore avoided by rational decision makers.

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Arely Scott · Answer 1

The correct answer is letter "A": are shortcuts that save time and energy in decision making.

Explanation:

Heuristics is a practical technique for problem-solving. It is creative at the moment of taking decisions and can be applied to any matter of study. Sometimes heuristics are emotionally-based but in some other cases, it is knowledge-influenced. While heuristics can save an individual's time and energy it could not lead them to make the best choice.