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Translations for „economic rationality“ in the English » Arabic Dictionary (Go to Arabic » English)

economic rationality

Monolingual examples (not verified by PONS Editors)

English
In the rapidly globalizing environment, decision-making is increasingly guided by economic rationality.
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Another way of saying this is that capital accumulation defines economic rationality in capitalist production.
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A pure monopoly has the same economic rationality of perfectly competitive companies, i.e. to optimise a profit function given some constraints.
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