Economists assume people are self-interested. Many people are clearly not self-interested, and care deeply about the...

50.1K

Verified Solution

Question

Economics

Economists assume people are self-interested. Many people are clearly not self-interested, and care deeply about the well-being of others. The "as if" assumption in economics applied to selfishness means

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students