0
NL888 Posted 12 years ago
Grammar
1) Does "narrowly self-interested" mean "very selfish"?
1) Does "narrowly self-interested" mean "very selfish"?
2) Does " to maximize utility as a consumer and economic profit as a producer" mean "to make a consumer most useful (for the homo economicus' own benefit)"?
Context:
Homo economicus
2) Does " to maximize utility as a consumer and economic profit as a producer" mean "to make a consumer most useful (for the homo economicus' own benefit)"?
Context:
Homo economicus
- abstract:
In economics, homo economicus, or economic human, is the concept in many economic theories of humans as rational and narrowly self-interested actors who have the ability to make judgments toward their subjectively defined ends. Using these rational assessments, homo economicus attempts to maximize utility as a consumer and economic profit as a producer.
Top answer
NL888 1) Does "narrowly self-interested" mean "very selfish"? Yes. "looking out only for themselves" is another way of putting it.
- NL888 1) Does "narrowly self-interested" mean "very selfish"?
- Yes.
- "looking out only for themselves" is another way of putting it.
- NL888 2) Does " to maximize utility as a consumer and economic profit as a producer" mean "to make a consumer most useful (for the **** economicus' own benefit)"?
- That only translates the first part.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
1 Answers
0
NL8881) Does "narrowly self-interested" mean "very selfish"?Yes. "looking out only for themselves" is another way of putting it.
NL8882) Does " to maximize utility as a consumer and economic profit as a producer" mean "to make a consumer most useful (for the **** economicus' own benefit)"?That only translates the first pa
0
Related Questions