Alex sees that his neighbors' lawns all need mowing. He offers to provide
the service in exchange for a wage of $20 per hour. Some neighbors
accept Alex's offer and others refuse. Economists would describe Alex's
behavior as:
rational self-interest because he is attempting to increase his own
income by identifying and satisfying someone else's wants.
greedy because he is asking for a high wage that some of his
neighbors can't afford to pay.
selfish because he is asking for a wage that is higher than others
might charge.
irrational because some neighbors refused his offer.
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Alex sees that his neighbors' lawns all need mowing. He offers to provide
the service in exchange f...
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