An Example of People Acting in Their Own Self-Interest Would

question 40

Multiple Choice

An example of people acting in their own self-interest would include

• A) individuals joining a car pool to go to work when tolls are imposed on congested highways.
• B) an adult, returning to college to pursue a degree to qualify for a promotion at work.
• C) a teenager earns an A grade average in school in order to use her parents' car.
• D) All of the above are examples of people acting in their own self-interest.

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Definitions:

Accounts Receivable

Money owed to a company by its clients or customers for products or services sold on credit.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to wear and tear, age, or obsolescence.

Operating Activities

Transactions related to the primary, day-to-day business operations, such as the sale of goods and services.

Accounts Receivable

The money owed to a company by its customers for goods or services delivered on credit but not yet paid for.