Multiple Choice
The incentive principle states that a person is more likely to do something if:
A) the opportunity costs are high.
B) the benefits from doing it increase.
C) everyone else is doing the same thing.
D) he is paid to do it.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: You own a pizza shop called
Q33: Moe has a big exam tomorrow. He
Q34: Normative economics is concerned with how people
Q35: Your scholarship depends on your maintaining a
Q36: A firm employs Pam to assemble personal
Q38: Jenna decides to see a movie that
Q39: Economics is best defined as the study
Q40: Pat earns $25,000 per year (after taxes),
Q41: Larry was accepted at three different graduate
Q42: The average benefit of an activity is