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1 May, 09:53

In considering the attitudes of consumers toward fairness, which of the following have economists found to be true? A. People attempt to treat others fairly, even if doing so makes them worse off financially. B. People usually ignore fairness when making spending decisions. C. People are interested only in making themselves as well off as possible. D. People attempt to treat others fairly, but only if doing so makes them better off financially.

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  1. 1 May, 09:57
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    Answer: The correct answer is A: "People attempt to treat others fairly, even if doing so makes them worse off financially."

    Explanation:

    In general, people like to treat others fairly, maybe because they want to be treated the same way, even if doing so affects them financially. One example could be tipping waiters or not haggling.
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