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Author Question: How does a successful movie illustrate self-interested choices that are also in the social interest? ... (Read 175 times)

ARLKQ

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on: Jun 29, 2018
How does a successful movie illustrate self-interested choices that are also in the social interest?
 
  What will be an ideal response?

Question 2

Residential investment includes spending by firms on office buildings.
 
  Indicate whether the statement is true or false


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prumorgan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

The a successful movie increases the income of the people involved with the movie. Hence these people's choices are driven largely by self interest. However the creation of a successful movie also increases the quantity of widely enjoyed entertainment. The amount of entertainment available in the economy increases which benefits society. So the choices the people made in their self interest also reflected choices made in the social interest.

Answer to Question 2

FALSE


ARLKQ

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Reply 2 on: Jun 29, 2018
Gracias!

31809pancho

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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