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The assumption of bounded rationality suggests that people might use rules of thumb to guide their decision making because A . people are not rational.
The assumption of bounded rationality suggests that people might use rules of thumb to guide their decision making because
A people are not rational.
B people can not examine every possible choice available to them.
C rational people do not need to examine every choice available to them.
D people should not examine every possible choice since it is an expensive process.
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