The Idea That People Are Altruistic

question 79

Multiple Choice

The idea that people are altruistic:

• A) reinforces the basic economic notion of self-interested rational behavior.
• B) challenges the basic economic notion of self-interested rational behavior.
• C) cannot be modeled into utility functions.
• D) assumes that marginal benefits of certain activities will not be subject to diminishing returns.

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Definitions:

Direct feedback

Straightforward, unambiguous information provided to someone about their performance or behavior.

Formal discussion

A structured dialogue or conversation held in a professional setting, often with predefined topics, rules, and goals.

Blogs

Blogs are regularly updated websites or web pages, typically run by an individual or small group, that are written in an informal or conversational style, focusing on topics ranging from personal experiences to widespread interests.

Virtual town meeting

An online forum or platform where community members gather to discuss civic issues, simulating a traditional town hall meeting.