Economy, asked by tasneem69001, 10 months ago

Economists assume that the only reason people take the actions they do is in response to economic incentives.

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Answered by nivabora539

0

Answer:

Economists assume that the only reason people take the actions they do is in response to economic incentives. What do economists mean by the word "marginal"? the marginal benefit from the activity is equal to the marginal cost. the highest valued alternative that must be give up to engage in an activity

Answered by Anonymous

1

Answer:

b

Explanation:

Answer:

The correct answer is letter "B": False.

Explanation:

Economic incentives are the factors that drive people to react in a certain form. It allows individuals to go after their preferences. However, external factors can also push people to act in one way or another. Those factors could be inflation, low job opportunities or unplanned major events like war.

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