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Economics

What role does rational self-interest play in economic analysis?

A. It is assumed that the rational self-interest assumption is much stronger than the incentive assumption.

B. It is assumed that individuals act as if they are motivated by self-interest and respond predictably to opportunities for gain.

C. It is assumed that individuals act as if they are motivated by self-interest and this makes individuals unpredictable.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91386079

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