Adam Smith's behavioural assumption about humans was that people:
A)typically act irrationally.
B)usually act in a rational, self-interested way.
C)are consistently greedy.
D)typically act randomly.

Question

Quizplus · Accepted Answer

Adam Smith's assumption was that people act in a rational, self-interested way. This means that individuals make decisions they believe will benefit themselves the most based on the information available to them.

Adam Smith's Behavioural Assumption About Humans Was That People