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makkiz [27]
2 years ago
5

bounded rationality is an idea in behavioral economics in which individuals are limited in their ability to make decisions. this

leads to outcomes that differ from the outcomes predicted by traditional economic theory. which of the following would best describe an individual limited by ""bounded rationality""?
Business
1 answer:
gayaneshka [121]2 years ago
7 0

Bounded rationality simply means an idea that has to do with the fact that people are limited in their ability to make decisions.

You didn't provide the options. Therefore, an overview of the topic will be given. Bounded rationality means the way individuals make decisions that is different from perfect economic rationality.

An example of bounded rationality is when ordering at a restaurant and the customer makes suboptimal decisions because the customer was rushed by the waiter.

Learn more about rationality on:

brainly.com/question/2992155

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<u>Personality</u>

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3 years ago
In the long run, money demand and money supply determine
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3 0
3 years ago
The 20% off sale is a better deal than the $200 rebate or $150 coupon for the $1,500 dining set. the porters budgeted $1,250 for
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the answer is $ 300

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Answer: 130 days

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It is calculated with the following formula,

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