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The bounded rationality model should be used to make decisions when
Technological Improvements
Enhancements in technology which boost productivity, efficiency, or create new products and services.
Crop
Cultivated plants or agricultural produce, such as grain, vegetables, or fruit, considered as a group.
Risk Profile
An evaluation of an individual's or organization's willingness to take risks, as well as their financial capacity to bear risk.
Financial Risk
The potential for financial losses due to factors affecting an entire market or security, including market risk, credit risk, and liquidity risk.
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