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.

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Abdullah Cheema · Accepted Answer

Final Answer : C, Explanation :  Behavioral economists would consider Balin's purchase as evidence that he is not acting purely in his self-interest because he is willing to pay more for the fair trade cocoa out of concern for workers' rights and environmental sustainability. This decision goes beyond solely maximizing his own financial well-being and takes into account the well-being of others and the environment.

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