Suppose the Ontario government offered cash bonuses to students who complete their degree in the minimum 4 years.The cash bonuses are motivated by which economic principle?

Question

Quizplus · Accepted Answer

This is an example of the economic principle that people usually respond to incentives, which means that students are more likely to complete their degree in 4 years if they are offered a cash bonus as an incentive.

Suppose the Ontario Government Offered Cash Bonuses to Students Who