Multiple Choice
Which of the following is a true statement about bounded rationality?
A) It is the act of choosing an alternative that meets the minimum standards of acceptability.
B) It is the main cause of the recency syndrome.
C) It occurs only when we rely on intuition instead of data.
D) It is our tendency to find the simplest possible solution to a problem.
Correct Answer:
Verified
Correct Answer:
Verified
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