Question 8 of 10
Benefits offered to encourage people to make a specific economic decision
are called
A. opportunity costs
B. trade-offs
C. scarcity
D. incentives



Answer :

Final answer:

Incentives are benefits offered to influence economic decisions.


Explanation:

Incentives are benefits offered to encourage people to make a specific economic decision. They play a crucial role in influencing individual choices and behaviors. In economics, incentives are used to steer individuals or groups towards particular actions.


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