Question

While checking out at the pet store, Diya is asked if she would like to donate to the World Wildlife Fund. She decides to donate $5, and in exchange her name is written on a heart decal that is hung in the store's window. This is an example of the economic concept of:

Muliple Choice
a. altruism.
b. seilishness.
c. marginal untity
d. reciprocity.

Answer 1

The economic concept represented in this situation is altruism. Diya's donation to the World Wildlife Fund without expecting anything in return demonstrates selfless concern for the well-being of others.

Step-by-step explanation:

The economic concept represented in this situation is altruism. Altruism refers to the selfless concern for the well-being of others. In this case, Diya is choosing to donate $5 to the World Wildlife Fund without expecting anything in return, which aligns with the concept of altruism. Her name being written on a heart decal in the store's window is a simple acknowledgment of her donation.