QUESTION IMAGE
Question
- true or false in general, the assumption of rational self - interest means that individuals try to maximize the expected benefit achieved with a given cost.
Brief Explanations
The concept of rational self - interest in economics (a sub - field of Business) posits that individuals act in a way to maximize their benefits. When there is a given cost, a rational individual will aim to get the maximum expected benefit from that cost. So the statement is correct.
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True