Which of the Following Is Not an Example of Rational

question 32

Multiple Choice

Which of the following is not an example of rational self-interest,as defined by economists?

• A)A person risking his or her life to save someone else.
• B)A wealthy widow leaving a million dollars in her will to her cat.
• C)A farmer turning down an offer for his land that would make him independently wealthy.
• D)A collector paying $4 million for a particular painting,when other paintings by the same painter were available at a lower price.
• E)An individual paying a high price for an electronic widget at a store instead of buying it at the adjacent store offering the same widget at a lower price.

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Definitions:

Executive Director

An Executive Director is the top executive responsible for managing the operations and activities of an organization or non-profit, ensuring it meets its strategic goals.

Interagency Service

A collaborative effort between multiple agencies to provide comprehensive services to meet the needs of individuals or communities.

Group Work Services

Professional services that leverage the dynamics of group interactions to address individual issues, foster growth, or achieve therapeutic objectives.

Frequency of Interaction

The rate at which members of a group or social network communicate or interact with one another.