suppose you help a stranger find his or her lost keys without any expectation of a...

suppose you help a stranger find his or her lost keys without any expectation of a reward. What type of economic behavior is this an example of?

		Satisficing
		Altruism
		Melioration
		Anchoring
		Optimizing

Expert Solution

Altruism

( Altruism is action that benefits other people. It is carried out with no expectation of external reward. Altruism focusses on sacrifices made to benefit others . Altruism has deep roots in human nature because helping and cooperation promote the survival of our species.

Here, you are helping a stranger without expectation of any reward. So this act can be considered as an example of altruistic behaviour. )

Rahul Sunny answered 2 years ago

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