crash course economics #1 - scarcity multiple - choice question what is an \incentive\ in economics? the…

crash course economics #1 - scarcity multiple - choice question what is an \incentive\ in economics? the best outcome to choose a waste of someones time or money something to motivate someone to make a certain choice

crash course economics #1 - scarcity multiple - choice question what is an \incentive\ in economics? the best outcome to choose a waste of someones time or money something to motivate someone to make a certain choice

Answer

Brief Explanations:

In economics, an incentive is something that motivates or encourages a person to make a particular choice. It can be a reward or a penalty. For example, a tax - break (reward) might encourage a business to invest more, or a fine (penalty) might discourage pollution.

Answer:

Something to motivate someone to make a certain choice