When government policies change it can:
A)alter incentives
B)alter trade-offs
C)change opportunity costs
D)do all of the above.

Question

When government policies change it can:
A)​alter incentives
B)​alter trade-offs
C)​change opportunity costs
D)​do all of the above.

Quizplus · Accepted Answer

When government policies change, it can alter incentives by changing the costs and benefits of certain behaviors or activities, it can alter trade-offs by creating new options or limiting existing ones, and it can change opportunity costs by changing the relative costs of alternative choices. Therefore, all of the above options are correct.

When Government Policies Change It Can