The First Job (Scenario)
Upon graduation, you search for a job with the university's job placement center. Although you have studied and prepared to work in an advertising agency, the first job that you are offered is a supervisor in a manufacturing company working the afternoon shift from 3:00 P.M. until 11:00 P.M.
-Under bounded rationality, you would be expected to search for a job by___________ .

Question

Quizplus · Accepted Answer

Bounded rationality suggests that individuals make decisions based on the limited information they have available and within the constraints of their environment, including time. Therefore, they would look at all the opportunities that can be analyzed in the time available, rather than seeking a perfect option or considering every possible opportunity.