Inducements to act in particular ways are called
A) collusive tactics.
B) incentives.
C) trade-offs.
D) opportunity costs.
Correct Answer:
Verified
Q37: Implicit costs involve an exchange of money.
Q38: Implicit costs are usually easier to measure
Q39: What are explicit costs? What are implicit
Q40: You decide to quit your $40,000 a
Q41: Explain the statement "There is no such
Q43: Incentives
A) are always used to encourage particular
Q44: If the federal government imposes a new
Q45: Marge would like her husband Homer to
Q46: If the government proposed a one-time tax
Q47: A major principle of economics is that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents