The assumption that people will act in such a way as to maximize their self-interest is a reasonable one for most cases that economists analyze.

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This assumption is one of the fundamental principles of economics and is known as the "rational choice theory." It states that individuals make choices that they believe will lead to the greatest benefit or utility for themselves. While this assumption may not always hold true in every situation, it is a useful starting point for analyzing economic behavior.

The Assumption That People Will Act in Such a Way