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Rashid [163]
2 years ago
15

Evaluating alternative options and choosing one option among them is called the theory of bounded rationality. Please select the

best answer from the choices provided T F.
Social Studies
1 answer:
grandymaker [24]2 years ago
4 0

Based on the information given, the theory of bounded rationality is not described, therefore, it's false.

Bounded rationality simply means the ay that human beings make decisions that is different from perfect economic rationality.

It simply means the idea that rationality is limited when people make decisions. In the case, the preference of human beings are determined by changes. Therefore, the statement is false.

Learn about theories on:

brainly.com/question/11555274

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Why is the free enterprise system subject to business cycles?
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3 years ago
Why is it believed that gun salutes are set off in odd numbers
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<u> Explanation: </u>

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