Economists assume that a. self-interested actions are all selfish actions. b. consumers and producers pursue their self-interest
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Economists assume that
a. self-interested actions are all selfish actions.
b. consumers and producers pursue their self-interest while politicians and public servants pursue the social interest.
c. incentives are key in reconciling self-interest and the social interest.
d. all people pursue the social interest.
e. human nature changes as incentives change.
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