Author Question: The phrase in the text, 'human beings are self-interested, not selfish' means that: a. people are ... (Read 37 times)

clippers! · **on:** Jun 30, 2018

The phrase in the text, 'human beings are self-interested, not selfish' means that:
a. people are never selfish.
b. people never act in a spiteful or belligerent manner.
c. people never act in a fit of rage.
d. people contribute to charities and they help others.
e. people care only about themselves and their families.

Question 2

When a consumer allocates her limited budgetary resources to maximize her well-being, ____ is achieved.
a. the elimination of scarcity
b. market equilibrium
c. consumer equilibrium
d. the maximization of marginal utility