When individuals act in their own self-interest:
A)efficiency is always achieved.
B)equity is always achieved.
C)society may be worse off in some cases.
D)all opportunities have been taken to make some people better off without making other people worse off.

Question

Quizplus · Accepted Answer

When individuals act in their own self-interest, they may make decisions that benefit themselves at the expense of others or society as a whole. This can lead to unequal distribution of resources and opportunities and can result in negative externalities that harm others. Therefore, society may be worse off in some cases if individuals prioritize their self-interest over the common good.

When Individuals Act in Their Own Self-Interest