Which Term Best Characterizes a Decision That Has Bounded Rationality

question 100

Multiple Choice

Which term best characterizes a decision that has bounded rationality?

• A)virtually perfect
• B)rigorous and comprehensive
• C)not good enough
• D)just good enough

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Definitions:

Mississippi

A state located in the southeastern region of the United States, known for its river, which is the second-longest in the country.

Southern Manifesto

A document written in 1956 that repudiated the Supreme Court decision in Brown v. Board of Education and supported the campaign against racial integration in public places.

Great Society

Term coined by President Lyndon B. Johnson in his 1965 State of the Union address, in which he proposed legislation to address problems of voting rights, poverty, diseases, education, immigration, and the environment.

Health Care

The organized provision of medical services to individuals or communities to maintain or improve health, including preventive, curative, and palliative interventions.