menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 1: Exploring Economics
  5. Question
    The Assumption That People Will Act in Such a Way
Solved

The Assumption That People Will Act in Such a Way

Question 305

Question 305

True/False

The assumption that people will act in such a way as to maximize their self-interest is a reasonable one for most cases that economists analyze.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q300: Paying a salesperson more for increased sales

Q301: The height of the bars in a

Q302: Which statement about economic models is FALSE?<br>A)

Q303: Which statement about markets is TRUE?<br>A) They

Q304: Most economists agree that there is no

Q306: Which statement is NOT considered a key

Q307: Another definition of opportunity cost is the

Q308: If two variables are correlated with one

Q309: Economists tend to look<br>A) at costs but

Q310: When economists assume people make rational decisions,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines