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An "Optimally Imperfect" Decision Is One That

Question 103

Multiple Choice

An "optimally imperfect" decision is one that


A) is vaguely right instead of precisely wrong.
B) recognizes that the decision could always be better if given more time.
C) recognizes that the cost of additional information probably exceeds the potential gain from making a better decision.
D) recognizes that any decision is imperfect because humans have limited intellectual capacities.

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