Social Studies, 16.11.2020 08:50 Kurlyash
2- In Economics, an incentive is something that motivates a person to action. Therefore, an incentive is a benefit, reward, or cost that motivates an economic action.
In the following scenarios, determine what action is motivated by the incentive.
a) $50 speeding ticket •
b) $50 Reward for finding lost dog •
c) Buy one, get one free •
d) $100 fine for parking in front of a fire hydrant
Answers: 1
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2- In Economics, an incentive is something that motivates a person to action. Therefore, an incentiv...
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