Which of the following statements best reflects behavioral economists' views on self-interest versus the interests of others?

A) Self-interest dominates human behavior;even seemingly selfless behavior is driven by self-interest.
B) Most people care so deeply about others that self-interest is a minor consideration in their decision making.
C) The system is most efficient when people focus solely on their self-interest and allow the invisible hand to work out what is best for society.
D) People are always self-interested to a degree,but their behavior is also affected by moral and ethical considerations.

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Ntombizawo Phandle · Accepted Answer

Final Answer : D, Explanation :  Behavioral economists believe that while self-interest is a factor in decision making, it is not the only factor. People are influenced by moral and ethical considerations when making decisions, leading them to consider the interests of others as well.

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