Seth is a surgeon who goes to Cambodia each summer and donates two weeks of his time to local hospitals.From an economic standpoint,utility is gained by:
A) Seth's patients.
B) Seth, knowing he is doing a good deed.
C) Seth, knowing the local paper writes a story about his trip every time he comes home.
D) All of these are true.

Question

Quizplus · Accepted Answer

All of these options are true in terms of economic utility.

Seth's patients benefit from his skilled medical services, which can improve their health and quality of life.

Seth gains a personal sense of utility from knowing he is doing a good deed and positively impacting the lives of others. This can also contribute to his overall happiness and well-being.

The local paper writing a story about his trip may give Seth some form of social recognition or reputation, which can also contribute to his sense of utility.

Seth Is a Surgeon Who Goes to Cambodia Each Summer