Suppose that the government of NSW promises to decrease taxes for a firm if it decides to stay in NSW instead of moving to Victoria. This policy on the part of the state constitutes________ , to make the________ of the firm remaining in NSW.
A) a command; marginal benefit exceed the marginal cost
B) a command; marginal cost exceed the marginal benefit
C) an incentive; marginal benefit exceed the marginal cost
D) an incentive; marginal cost exceed the marginal benefit
Correct Answer:
Verified
Q110: Which of the following statements are correct?
I.
Q119: Q120: The study of how wages are set Q121: A graph measures y on the vertical Q122: Which factor of production earns rent?
A)Entrepreneurship
B)Money
C)Capital
D)Land
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