Balin purchases fair trade cocoa out of concern for workers' rights and environmental sustainability. he could purchase cocoa of equal quality at a lower price.
behavioral economists would consider balin's purchase:
a) unusual in that it demonstrates concern for others.
b) purely self-interested but motivated by something other than his financial well-being.
c) as evidence that balin is not acting purely in his self-interest.
d) a bad decision because it ignores important information that could improve balin's well-being.
Answers: 1
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Balin purchases fair trade cocoa out of concern for workers' rights and environmental sustainability...
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