Which of the following creates an incentive to increase the amount of an activity?
A) an increase in the marginal cost of the activity and a decrease in the marginal benefit of the activity
B) a decrease in the marginal cost of the activity and an increase in the marginal benefit of the activity
C) constant marginal cost and constant marginal benefit of the activity
D) None of the above create an incentive to increase the amount of an activity.
Correct Answer:
Verified
Q146: Laura is a manager for HP. When
Q147: When the government chooses to spend the
Q148: Positive economic statements
A) prescribe what should be.
B)
Q149: If the marginal cost of an activity
Q150: A store remains open from 8 a.m.
Q152: A positive statement is
A) about what ought
Q153: When the government hires people to serve
Q154: Marginal cost is the
A) cost of an
Q155: In economics, positive statements are about
A) the
Q156: Which of the following are TRUE regarding
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