Multiple Choice
Your health club is offering a free one-year membership for the person who attends the most yoga classes in March.This results in more people attending yoga.Which economic principle does this statement BEST represent?
A) The true cost of something is its opportunity cost.
B) People usually respond to incentives,exploiting opportunities to make themselves better off.
C) There are gains from trade.
D) Markets move toward equilibrium.
Correct Answer:
Verified
Correct Answer:
Verified
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