An incentive is:

Name: An incentive is:
Brand: Quizplus
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Question

An incentive is:

Quizplus · Accepted Answer

An incentive refers to something that causes people to change their behavior by altering the trade-offs they face. This means that incentives can be positive, where they encourage individuals to engage in a certain activity or negative, where they discourage individuals from engaging in certain actions. Incentives do not refer to the marginal cost or benefit of an action, but rather they are external factors that affect an individual's decision-making process.

An Incentive Is