An example of people acting in their own self-interest would include:
A) individuals joining a car pool to work when tolls are imposed on congested highways.
B) an adult,returning to college to pursue a degree to qualify for a promotion at work.
C) a teenager earns an A grade average in school in order to use his or her parent's car.
D) All of the above are examples of people acting in their own self-interest.
Correct Answer:
Verified
Q61: A small change in a relevant variable
Q63: A student has a D grade average
Q68: Ceteris paribus is the Latin expression meaning
A)
Q70: Which of the following is NOT an
Q72: When economists assume that people are rational
Q73: What is an economic view of traffic
Q75: What assumption was used by the authors
Q76: Who is associated with the following summary
Q77: When you need to know how to
Q80: Economists use assumptions to
A) make things simpler.
B)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents