The concept of utility can be used to explain why people are:I. charitable.II. altruistic.III. selfish.
A)III only
B)I and II only
C)None of these
D)I, II, and III

Question

Quizplus · Accepted Answer

The concept of utility, which measures satisfaction or happiness derived from consuming goods or engaging in activities, can explain a wide range of human behaviors. People may be charitable or altruistic because they derive satisfaction from helping others, increasing their utility. Similarly, selfish behavior can be explained by individuals seeking to maximize their own utility, often at the expense of others. Thus, all three behaviors can be understood through the lens of utility.

The Concept of Utility Can Be Used to Explain Why