Choose the statement below that explains self- interest from an economist's point of view.

a)Self-interest is making decisions that benefit a government's economic situation.

b)Self-interest involves making decisions that benefit a friend's economic situation.

c)Self-interest involves letting others making decisions that benefit their economic situation.

d)Self-interest involves making decisions that benefit an individual's own economic situation.

Verified Answer :

The correct answer for the question that is being presented above is this one: "d)Self-interest involves making decisions that benefit an individual's own economic situation." The statement that explains self- interest from an economist's point of view is that d)Self-interest involves making decisions that benefit an individual's own economic situation.