One of the Reasons Managers Face Limits to Their Rationality

question 2

Multiple Choice

One of the reasons managers face limits to their rationality is that they:​

• A)​are aware of all the possible alternatives.
• B)must make decisions under risk and time pressure.​
• C)have a consistent system of preferences.​
• D)do not calculate the probability of success for each alternative.​

---

Definitions:

Brocolli

A green vegetable with a large flowering head, often consumed for its nutritional value.

Marginal Product

The marginal product is the additional output resulting from a one-unit increase in the use of a variable input, holding all other inputs constant, in the production process.

Units of Output

The measure of total production or services produced by a company or sector.

Workers

Individuals engaged in any form of employment or labor, including both physical and intellectual efforts, contributing to the production process.