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The bounded rationality model of decision making recognizes the limitations of our decision-making processes. According to this model, individuals knowingly limit their options to a manageable set and choose the first acceptable alternative without conducting an exhaustive search for alternatives. When information on alternatives can be gathered and quantified, a rational decision-making model is used so as to maximize the quality of their outcomes.
Statements:
R ≤ S = T; P < Q = R; S < U ≤ V; W ≥ V
Conclusions:
I). P < U
II). W > R
III). T ...
Statements: B ≥ C > D ≤ E ≤ F ≤ G
Conclusions:I. D = G II. D < G
Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
...Statements: F % W, W © R, R @ M, M $ D
Conclusions:
I.D @ R II.M $...
Statements: J > K ≥ L = M; N ≥ K > P
Conclusions:
I. J > P
II . L ≥ N
III. P =M
...Statements:
R ≤ A ≤ B > C = X < J < K = L
Conclusions: I. R ≤ B II. L > C ...
Statement: C ≥ D > E ≥ H; I < E ≤ F < G
Conclusions: I. H > D II. G < H
...Statements: K ≥ N = I ≥ H ≤ U; B = S ≤ I
Conclusion: I. B < K II. B = K
...Which of the following symbols should replace (1) and (2) respectively in the given expression in order to make the expression N > P definitely true?
Statements: S * K, T $ K, K @ B
Conclusions: a) S $ B b) S @ B
...