Explain the following decision making terms in your own
Explain the following decision making terms in your own words. Use examples, if necessary and make sure you read and respond to the postings of others.
1) Bounded rationality
2) Sub-optimization
3) Expected value of perfect information.
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explain the following decision making terms in your own words use examples if necessary and make sure you read and
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macroeconomics quizquestion 1it is possible for an economy to become more productive and per-capita output to increase
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