Incentives can motivate people to make a certain economic choice by:

A. Subjecting that choice to a cost-benefit analysis

B.eliminating opportunity cost for that choice.

C.increasing the marginal costs associated with that choice

D.providing extra benefits for making that choice

Respuesta :

Answer:

D.providing extra benefits for making that choice

Explanation:

Incentives can motivate people to make a certain economic choice.

The correct answer is Option.D providing extra benefits for making that choice.

How does cost-benefit analysis help make decisions?

The cost-benefit analysis allows an individual or organization to evaluate decisions or potential projects without bias. In this way, it provides an agnostic and evidence-based assessment of your options that can help your business become more data-driven and logical.

Incentives are rewards or punishments that influence people's decisions. Incentives can be monetary or non-monetary in nature. As opportunity costs change, incentives change, and people's choices and behaviors change. Changes in incentives will change people's behavior in a predictable way.

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