The principle that people will exploit opportunities to do what is best for others is the basis of all predictions by economists about individual behaviour.

Name: The principle that people will exploit opportunities to do what is best for others is the basis of all predictions by economists about individual behaviour.
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Question

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Economists generally assume that individuals act in their own self-interest, not necessarily in the interest of others, when making predictions about behavior.

The Principle That People Will Exploit Opportunities to Do What