Solved

When Economists Assume That People Are Motivated by Rational Self-Interest

Question 23

Multiple Choice

When economists assume that people are motivated by rational self-interest, they are implying that


A) people seek to make society better off.
B) people respond only to material incentives.
C) people seek to do those things that are in their own best interests.
D) people seek to be self-sufficient.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents