Reading Comprehension (RC) | Re: Homo economicus, or economic human, denotes the idea of human beings a

1. B

because Frey's said that instead of focusing on gains the individuals are motivated by heroism or other values or idea that is important for the person. Here the economist is not going to get any gain from her action, but still she is motivated to do so...Hence B

2 D) Homo economicus is a problematic construction, because it simplifies human motivations and is overly optimistic about human understanding.

Because it is simply assuming that every human being are smart enough to think rationally and take a decision that benefit him or her. The reality is not this much simple, where decision is a complex process affected by number factors like emotions.
Hence D.

3. C ---I&III

I because the basic understanding behind homo economicus is that every human being are rational and they took only rational decision, but it is not correct according to the passage.
III because it gave importance only on rational thinking . It didn't give any importance to emotions or motivations.

So
...

Statistics : Posted by pudu • on 05 May 2023, 07:30 • Replies 3 • Views 1065

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