Some pet owners are using an "invisible fence" to keep their animals from straying. Every time the animal steps over the edge of the property, it gets a mild shock. A social scientist would call the shock
A) a price signal.
B) a reward.
C) a disincentive.
D) a normative incentive.
Correct Answer:
Verified
Q119: If people act as if they systematically
Q120: In a market system, _ provide signals
Q121: Jose is rational if he
A) does not
Q122: Incentives are
A) potential rewards available if a
Q123: The potential rewards that are available to
Q125: The rationality assumption says that
A) people do
Q126: People respond to incentives
A) by ignoring negative
Q127: Which of the following is a TRUE
Q128: John has a math test tomorrow. He
Q129: The threat of a large fine for
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