2. Comment on whether or not the statement "the act of donation for poor people by an economic agent is not rational economic behavior" is true in the following three cases, and explain your answer. (A) When the economic agent is a selfish economic man. (B) When the economic agent has social preferences.

2. Comment on whether or not the statement "the act of donation for poor people by an economic agent is not rational economic behavior" is true in the following three cases, and explain your answer. (A) When the economic agent is a selfish economic man. (B) When the economic agent has social preferences.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter1: The Art And Science Of Economic Analysis

Section: Chapter Questions

Problem 2.2P

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