Which of the following statements is true of incentives?
A) Incentives can be financial or moral, but not coercive.
B) Incentives can be financial or coercive, but not moral.
C) Incentives are designed to change behavior.
D) Incentives are always in the form of rewards.
C
Economics
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Which statement is true?
A. The monopolistic competitor is often a large firm. B. Most firms in the U.S. are not monopolistic competitors. C. Price discrimination is impossible under monopolistic competition. D. None of these statements are true.
Economics
The demand schedule for a product shows the relationship between how much of the product buyers are willing and able to buy and the
A. cost of producing the product. B. time period, say, from one month to the next. C. buyers' incomes. D. product's price.
Economics