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      Question

      Which of the following is not a constraint(s) under

      Bounded rationality that lead to a satisficing decision?
      A Cognitive limitations Correct Answer Incorrect Answer
      B Information imperfection Correct Answer Incorrect Answer
      C Time constraint Correct Answer Incorrect Answer
      D Environmental constraints Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The theory of bounded rationality holds that an individual's rationality is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.

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