A person who is willing to pay to make another individual better off is referred to as
A) Irrational
B) Loss Averse.
C) Risk-Loving.
D) Altruistic.

Name: A person who is willing to pay to make another individual better off is referred to as A) Irrational B) Loss Averse. C) Risk-Loving. D) Altruistic.
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Question

Quizplus · Accepted Answer

Altruistic individuals are those who are willing to incur a cost to themselves to benefit others, reflecting a concern for the welfare of others even at a personal expense.

A Person Who Is Willing to Pay to Make Another