Duane is of average intelligence, and like most consumers, he cannot compare too many alternatives at one time. This limited capacity for processing information is known as _____.
A) working memory
B) bounded memory
C) bounded rationality
D) bounded processing
E) finite processing

Question

Quizplus · Accepted Answer

A limited capacity for processing information is known as bounded rationality.

Duane Is of Average Intelligence, and Like Most Consumers, He