Economists generally assume
A) individuals act strictly in the public interest.
B) individuals are never concerned with the interests of other people.
C) individuals rarely promote the projects in which they are interested.
D) none of the above.
D
Economics
You might also like to view...
The cost disease of the service sector in recent years is the result of
a. market failure. b. government intervention. c. collective bargaining by unions. d. uneven productivity growth.
Economics
If a good's price increases by 2 percent, then its quantity supplied increases by more than 2 percent. This means
A) supply is elastic. B) supply is unit-elastic. C) supply is inelastic. D) the good has good substitutes.
Economics