Which of the Following Statements About Self-Interest in a Market

question 125

Multiple Choice

Which of the following statements about self-interest in a market system is false?

• A)Self-interest applies only to consumers, not to entrepreneurs.
• B)Self-interest of entrepreneurs implies seeking maximum profits or minimum losses.
• C)Self-interest usually motivates an individual to deliver something of value to others.
• D)In a market system, self-interest motivates property owners to try to get the highest rent or price for their property.