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7 Which of the following are true about altruism? (a) Altruism does not affect competitive-equilibrium prices. (b) Altruism does not affect competitive-equilibrium quantities. (c) Altruism

7 Which of the following are true about altruism? (a) Altruism does not affect competitive-equilibrium prices. (b) Altruism does not affect competitive-equilibrium quantities. (c) Altruism increases moral hazard in partnerships. (d) Altruism decreases moral hazard in partnerships. (e) Altruism can explain why people cooperate in the Prisoner's Dilemma.

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