The Smart for One,Dumb for All principle indicates that:
A)pursuing selfish interests always promotes social welfare.
B)if everyone is doing it,you should not.
C)pursuing selfish interests always lessens social welfare.
D)pursuing selfish interests sometimes conflicts with social welfare.

Question

Quizplus · Accepted Answer

Self interest sometimes leads to the best outcome,but there are situations in which the pursuit of self interest leads to an inefficient outcome.

The Smart for One,Dumb for All Principle Indicates That