Question

In the decision-making process known as bounded rationality:

A.
All "good enough" choices are selected

B.
The first choice that is "good enough" is chosen

C.
The final choice maximises economic payoff

D.
The final choice minimises economic payoff

Answer 1

[AI-generated answer — Bot GPT 3.5]

B. The first choice that is "good enough" is chosen

Answer 2

[AI-generated answer — Step-by-Step Bot]

B. The first choice that is "good enough" is chosen