1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frozen [14]
3 years ago
5

The bounded rationality model should be used to make decisions when _____

Social Studies
1 answer:
KatRina [158]3 years ago
4 0

Answer:

the minimum criteria are clear.

Explanation:

Bounded rationality refers to a situation when a person is required to make a rational decision within a very limited restriction (usually the restriction revolved around not having enough time or spaces)

This type of model tend to be  used in a professional setting where the minimum criteria are clear. The decision makers will have to know the things that they are expected to achieve and the deadline when they are expected to achieve them.

You might be interested in
Which of the following statements describe(s) most modern mixed economies?
ratelena [41]

Answer:

D.

ii. and iii. only

Explanation:

ii. They do have a level of government control.

iii. They do have a level of privatization.

3 0
3 years ago
This form of inductive argument moves from the specific to the general __________
expeople1 [14]
I believe the answer is: Inductive generalization
Inductive generalization refers to the type of thinking that believe something is universally true based on small sample.
Example of inductive generalization, all people in my family do not like Brand A of cereal. So, Brand A cereal is not well-liked by average family in my City.
5 0
3 years ago
In a free-enterprise or market economy, how are prices set
Marizza181 [45]

Answer:

In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.

Explanation:

6 0
2 years ago
One of the Beatles spent much of his time in the hospital as a child, spending two months in a coma at age six, and suffering fr
stira [4]

Answer:

Ringo Starr

Explanation:

Ringo Starr is one of the Beatles rock group member spent much of his time in the hospital. His real name is Richard Starkey. At age six, he got an appendectomy and peritonitis, that required him to live at a children's hospital while recovering. At the age of thirteen, he suffered from pleurisy, which led him to spent in hospitals and sanatoriums. Today, he is known as the greatest drummer in rock history.

5 0
3 years ago
How did the bodies in Herculaneum differ from those in Pompeii?
Fed [463]
Most of the bodies from Herculaneum were found holding onto valuables and different items while the Pompeii bodies were found closer to loved ones.
8 0
3 years ago
Other questions:
  • Where did the bill originate
    11·2 answers
  • Mr. and Mrs. Scott want to instill a sense of intrinsic motivation in their 5-year-old daughter Yin. Yin brings home a drawing o
    8·1 answer
  • Who takes office at the state level if the governor of Louisiana is unable to lead?
    7·1 answer
  • What ideas about government do you think english settlers brought with them to the americas?
    5·1 answer
  • Summarize: Describe what the weather would be like as a warm front passes. Then, describe what would occur as a cold front passe
    15·1 answer
  • Where is Allahabad in map​
    6·1 answer
  • Does anyone know???
    12·1 answer
  • What were the first two political parties in United States history?
    11·2 answers
  • Brainliest! This is easy, but man, I am lazy XD!
    6·2 answers
  • Does Animal Experimentation do more harm than good?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!