Answered You can hire a professional tutor to get the answer.
QUESTION
inition of rational is reasonable or sensible, why is it important that we make the assumption that all humans are rational in the study of economics?...
Given that the definition of rational is reasonable or sensible, why is it important that we make the assumption that all humans are rational in the study of economics? Please provide an example as to why an irrational person would be detrimental to economic theory.
