Multiple Choice
Which of the following is true of theories based on the bounded rationality models?
A) It assumes that people are inefficient processors of information.
B) It assumes that people use complete information and incomplete analyses to make decisions.
C) It assumes that people have unlimited abilities to obtain and process information.
D) It assumes that the human mind is fundamentally irrational.
Correct Answer:
Verified
Correct Answer:
Verified
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