Which of the following is an example of bounded rationality?
A.Ann proofreads her term paper six times.
B.Mary feels that she has studied enough to make an A+ on her economics exam but studies another 2 hours just to be sure.
C.Tim studies only an hour on the morning of his economics exam because he is satisfied just to make a passing grade.
D.Terry does his economics homework twice to be sure that he has a thorough understanding of the topic.

Question

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The Answer of Which of the following is an example of bounded rationality?
A.Ann proofreads her term paper six times.
B.Mary feels that she has studied enough to make an A+ on her economics exam but studies another 2 hours just to be sure.
C.Tim studies only an hour on the morning of his economics exam because he is satisfied just to make a passing grade.
D.Terry does his economics homework twice to be sure that he has a thorough understanding of the topic.

Which of the Following Is an Example of Bounded Rationality