People often behave in different ways. When studying human behavior, economists assume rational self-interest. This means that People make decisions based on some desired outcome.
Rational self-interest is simply known as when 2 or more parties are said to be better off than they were before when they are together in course of an exchange. This is due to the fact that each side is said to be maximizing its own good interest to be better off in terms of finances or intrinsically.
The study of human behavior is known also to have a key role in the betterment of human lives especially those who have mental health and behavioral disorders.
See full question below
When studying human behavior, economists assume rational self-interest. This means that:
A. People make decisions based on some desired outcome
B. People are quite selfish, and are not concerned about others
C. People always make the right decisions
D. People have all the information they need to make a decision
Learn more about Human behavior from
