An incentive is:
A. the marginal cost of engaging in a course of action.
B. the marginal benefit of engaging in a course of action.
C. something that causes people to behave in a certain way by changing trade-offs they face.
D. rational behavior that involves thinking on the margin.
C. something that causes people to behave in a certain way by changing trade-offs they face.
Economics
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(a) South Asia (b) Sub-Saharan Africa (c) Middle East and North Africa (d) None of the above
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What is a characteristic of human capital?
A) rivalry B) rapid accumulation C) private ownership D) concavity
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