Altruistic Behavior Is

question 63

Multiple Choice

Altruistic behavior is:

• A) the idea that individuals help those who will return the favor.
• B) the selection for a gene that benefits an individual's relatives.
• C) an action that benefits the actor only.
• D) an action that benefits someone other than the actor.

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Definitions:

Marginal Utility

Marginal utility refers to the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

Positive

In the context of economics, it can refer to positive statements that are objective and can be tested by looking at the facts.

Negative

Refers to amounts, values, or directions less than zero, often indicating deficit or loss in financial and scientific contexts.

Marginal Utility

The additional satisfaction or utility gained from consuming one more unit of a good or service, which typically decreases with each additional unit consumed.