What Does the Assumption of Rational Self-Interest Mean

question 58

Multiple Choice

What does the assumption of rational self-interest mean?  

• A) that economic decision makers have no concern for the welfare of others 
• B) that economic decision makers consider the welfare of others to be more important than their own happiness 
• C) that economic decision makers know with certainty which choice will have the best result 
• D) that economic decision makers make reasonable decisions based on their expectations of results

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