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points Save Answ Alex sees that his neighbors lawns all need mowing, He offers to provide the service in exchange for a wage of $20
points Save Answ Alex sees that his neighbors lawns all need mowing, He offers to provide the service in exchange for a wage of $20 per hour. Some neighbors accept Alex's offer and others refuse. Economists would describe Alex's behavior as: OA rational self-interest because he is attempting to increase his own income by identifying and satistying someone else's wants OB irrational because some neighbors refused his offer Oselfish because he is asking for a wage that is higher than others might charge OD greedy because he is asking for a high wage that some of his neighbors can't afford to pay 1 points QUESTION 30 QUESTION 28 Even though local newspapers are very inexpensive, people rarely buy more than one of them each day. This fact: OA is an example of irrational behavior implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost. Oimplies that electronic media sources are displacing print sources for many consumers D. O contradicts the economic perspective
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