Figure 5.1. The figure shows a linear production possibility curve representing a tradeoff faced by a country, between necessities and luxuries.
-Individuals acting with self-interest:
A)always choose the same options as other rational individuals.
B)never do voluntary work.
C)always try to attain satisfaction at the expense of others.
D)choose options that give them the greatest amount of satisfaction.
E)have a perfectly elastic demand curve.

Question

Figure 5.1. The figure shows a linear production possibility curve representing a tradeoff faced by a country, between necessities and luxuries​. 
-Individuals acting with self-interest:
A)always choose the same options as other rational individuals. 
B)never do voluntary work. 
C)always try to attain satisfaction at the expense of others. 
D)choose options that give them the greatest amount of satisfaction. 
E)have a perfectly elastic demand curve.

Quizplus · Accepted Answer

Individuals acting with self-interest try to attain satisfaction at the expense of others, but not necessarily always choosing the same options as other rational individuals. They will choose options that give them the greatest amount of satisfaction, which is why D is the best choice.

Figure 51 the Figure Shows a Linear Production Possibility Curve Representing