What is the concept of complete rationality?
| April 14, 2021 | education
The principle of rationality in economics means choosing the best option for activities, analyzing the benefits and costs incurred. The concept of complete rationality assumes the maximum use and in the best way of all available information, resources, means to achieve the goals and plans.
One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.
